Africa

Ethereum Adoption in Africa: Challenges & Opportunities

Adoption, Ethereum / Leave a Comment

As the world’s attention shifts to decentralized finance (DeFi) and non-fungible tokens (NFTs), Africa remains a crucial frontier for Ethereum adoption. Africa, with its vast and growing population, presents a significant opportunity for Ethereum adoption.  Despite regulatory hurdles and infrastructure challenges, the continent’s entrepreneurs, governments, and enthusiasts are harnessing Ethereum’s power to drive innovation and […]

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Ethereum Meets African Payments

Ethereum / Leave a Comment

    The African continent is witnessing a surge in digital payments, driven by innovations in fintech and the proliferation of mobile devices.  Amidst this growth, Ethereum-based solutions are gaining traction, offering opportunities for interoperability and scalability. Integrating these solutions with existing payment systems and infrastructure poses significant challenges, in this article we explore the

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Central African Republic (CAR): Fifteen Experts Join Forces with President Touadéra to Design New Cryptocurrency Regulations

Central African Republic (CAR) / Leave a Comment

  The Central African Republic (CAR) has taken a major step forward in its efforts to facilitate economic recovery and prosperity by establishing a committee of 15 experts to design a ‘more comprehensive’ cryptocurrency regulatory framework. This comes following a high court ruling last year that aspects of the plans announced last year were ‘unconstitutional’.

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Airtel Africa: Driving Change with 4G & 5G Investment in Nigeria

Nigeria / Leave a Comment

Airtel Africa has revealed that it acquired fourth-generation (4G) and fifth-generation (5G) spectrums from the Nigerian Communications Commission (NCC) at a cost of US$316.7 million as part of its strategic mission to bolster connectivity in Nigeria. The telecom giant was the sole bidder in the auction that saw them acquire 100MHz in the 3,500MHz band and

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African Fintech Is Trending

Investments / Leave a Comment

  The African fintech ecosystem continues to expand, despite global economic challenges. As an investment segment, the fintech industry made up more than 25% of all venture capital rounds in the last few years, with South Africa joining other regional leaders, such as Egypt, Nigeria and Kenya. Out of the nine notable tech unicorns in

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Original Article By: https://www.bizcommunity.com/Article/196/727/234740.html

FTX Was Doing Billions in Business in Africa – Here’s All You Need to Know

Exchange / Leave a Comment

  Nestcoin, a startup leading crypto and Web3 activities in Africa, has been linked to the collapsed FTX exchange. With FTX’s bankruptcy proceeding, Nestcoin has laid off at least 30 employees, while the salaries of the remaining employees have been reduced by 40%. FTX Affiliates in Africa are Counting Losses The CEO of Nestcoin, Yele

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Original Article By: https://insidebitcoins.com/news/ftx-was-doing-billions-in-business-in-africa-heres-all-you-need-to-know

Bitcoin Mining in Africa: One of the World’s Cheapest Place to Mine BTC

Mining / Leave a Comment

The profitability of mining Bitoin depends in great part on the cost of electricity and soaring energy prices across the globe are impacting bitcoin mining operations. Given the amount of energy required to mine 1 BTC, the cost of energy crisis is understandably of the main factors mining companies must consider when looking to maximise

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