Africa is home to 1.2 billion people and the African Continental Free Trade Area is what has been described as the largest trade area in the world. Africa is forging a new path to driving development. And its economic growth will play a major role in accessing financial services. The need to provide improved, if […]
In 2020, African crypto adoption has accelerated, with the continent emerging. As the second largest peer-to-peer (P2P) trading region. And two African countries ranking in the top eight of the Chainalysis crypto adoption index. However, the booming growth has caught the attention of African financial regulators. Raising concerns that innovation in the local crypto industry […]
Crypto adoption is making substantial progress in Africa, with ownership of crypto, trade volume, and regulation all heading towards greater adoption. A recent report by Arcane Research and Luno found that Uganda, Nigeria, South Africa, Ghana, and Kenya. And these are often among the top ten countries searching for the word “Bitcoin” by Google. The […]
Akoin, a cryptocurrency project from famous Grammy-nominated singer & rapper Akon, has joined up with blockchain financial infrastructure company Delchain. “Bahamas-based digital asset management leader Delchain, an affiliate of Deltec, has provided strategic advisory services and expertise in connection with Akoin’s token generation event on a top tier exchange, scheduled for Q2 of 2020,” Akoin […]
The Reserve Bank of Zimbabwe (RBZ) is reportedly developing a regulatory sandbox for cryptocurrency companies in the country. The news was reported on March 16 by the local newspaper Chronicle, citing a representative from the bank speaking at a conference on March 13. Chronicle reports that RBZ’s deputy director for financial markets and national payment […]
Rapper and entrepreneur, Akon, shared the whitepaper for his upcoming “Akoin” cryptocurrency project exclusively with the crypto news sharing site Cointelegraph. The document describes Akoin as a cryptocurrency “designed for entrepreneurs in the rising economics of Africa and beyond,” adding that the project’s mission is to “unlock the potential of the world’s largest growing workforce” […]
Multi platinum-selling recording artist Akon has chosen to build its Akoin cryptocurrency ecosystem on top of the Stellar blockchain. Akoin co-founder and president Jon Karas said they chose to launch the project on Stellar due to sharing similar values. “Akoin selected Stellar’s distributed, hybrid blockchain due to a shared vision for creating global financial inclusion, […]
Yoweri Museveni, the President of Uganda will take charge of the 2019 Africa Blockchain Conference. The theme is ‘Africa 4.0: Preparing Africa for the 4th Industrial Revolution’. It will line up from July 3rd to July 4th in Kampala. This Conference is different from The Blockchain Africa Conference 2019 that held in April. This conference […]
WISeKey, a Switzerland-based blockchain and cybersecurity company, has opened a Blockchain Center of Excellence in Geneva, to focus on Fintech domain. The center is intended to promote the research and development of blockchain. As per the company, the opening of the center is the result of its partnership with the Blockchain Research Institute, which also aims to come up with more centers in the US, China, India, and Africa.
The African government has announced its firm belief on blockchain to curb corruption and ghost workers in public sectors. The Tanzanian government has turned to blockchain technology to address such problems. Along with Tanzania, countries such as Uganda, South Africa, Ethiopia, Nigeria, Ghana and other African nations are also trying to adopt blockchain technology to fight against corruption issues.