Africa News

Africa is the second largest continent in the world in terms of both territory and population. There are 55 states located on the continent. Economies in Africa differs from country to country. In Africa, cryptocurrency tends to be sold with a large trade margin which can even reach 100% due to several reasons. Firstly, Bitcoin in Africa is very difficult to mine because of the climate and lack of infrastructure. Also, cryptocurrency is in big demand in Africa as national currencies are vulnerable to hyperinflation. Besides that, since there are only a small number of virtual currency retailers they are able to set high prices. The relative financial stability of digital money and the opportunities for profit make cryptocurrencies very popular in Africa.

News
Crypto transactions in Kenya now attract a 1.5% tax.
Kenyan crypto firms on notice as digital tax law takes effect
Osato Avan-Nomayo
2021-01-08T09:33:36+00:00
11901
News
Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa.
Token-based electricity top-up app expands in Africa but faces headwinds
Osato Avan-Nomayo
2021-01-08T09:07:04+00:00
8343
Sponsored
Some of the world’s biggest freelancing sites have inadvertently cut out talented professionals from developing economies — but a crypto-powered platform is cha...
No fees, no limits, no wait: Crypto gives better terms to freelancers
Connor Sephton
2020-12-21T12:16:00+00:00
5344
News
The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world's second-most populous continent
Africa is the future of DeFi, argues Cardano’s Charles Hoskinson
Andrew Thurman
2020-12-12T16:20:23+00:00
11053
Sponsored
A crypto payments network now allows mobile airtime and data to be purchased in 163 countries, with top-ups for electricity meters offered in five African natio...
Crypto payments network celebrates two big adoption milestones
Connor Sephton
2020-12-09T20:31:00+00:00
6597
News
Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth.
Everyone's talking crypto for solving sub-Saharan Africa's payments problems
Kollen Post
2020-12-03T16:13:12+00:00
4112
News
The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong
Following Binance Uganda closure, Binance P2P makes strong inroads in Africa
Andrew Thurman
2020-11-29T00:43:13+00:00
17401
News
Africa’s largest economy has become a bastion for crypto adoption.
Nigeria is establishing a framework for widescale crypto adoption
Sam Bourgi
2020-11-24T22:22:15+00:00
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