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
Nigeria outperformed the rest of the world by the level of interest in Bitcoin over recent months.
Nigerian Crypto Activity Has Been On the Rise Since April
Helen Partz
2020-08-06T22:45:00+01:00
9195
News
In a recent YouTube AMA, Charles Hoskinson gave an update on the promotion of Cardano across the African continent.
Hoskinson AMA Reveals Details of Cardano Foray into Africa
Jack Martin
2020-07-27T21:30:00+01:00
7443
News
The popularity of crypto is on the rise in Africa, according to the CEO of one of the continent’s up and coming exchanges.
Crypto Usage and Trading Surging in Africa, Exchange CEO Says
Benjamin Pirus
2020-07-23T22:58:00+01:00
7829
News
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint.
Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
Michael Kapilkov
2020-07-12T16:00:00+01:00
7665
News
A blockchain startup helps car manufacturers ascertain that the raw materials they use are not produced by children.
Startup Helps Reduce Child Labor in Africa & Aspires to Work with Tesla
Michael Kapilkov
2020-07-11T19:00:00+01:00
3870
Review
"Digital is the Cash" is a short, accessible read, looking at cryptocurrency from a vaguely African perspective, with a strong preference for Dash.
Book Review: Digital Is the Cash
Jack Martin
2020-07-10T12:36:00+01:00
3579
News
Volvo’s venture arm invests in blockchain traceability startup Circulor to track the origins of raw materials.
Volvo Invests in Blockchain Startup to Trace Cobalt in Its Batteries
Michael Kapilkov
2020-07-08T16:31:00+01:00
10191
News
A joint initiative of Akon’s Akoin and Dutch Effect.AI, the Kenyan Opportunity Hub will promote blockchain education and new work opportunities.
Akon’s DLT Startup to Set up a Blockchain Hub in Kenya in Q4 2020
Helen Partz
2020-07-06T16:30:00+01:00
4537

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