Web3Africa addresses the Web3 information gap, eventually emerging as the go-to source for all things Web3-related in Africa, garnering global attention.
Aly Ramji...
In 2021, the CBN warned banks and financial institutes that facilitating payment for cryptocurrency changes was prohibited.
In the first three months of...
Part of the problem surrounding cryptocurrency adoption in Africa, besides the lack of reliable and affordable internet, particularly beyond urban areas, is the...
Cryptocurrencies offer an alternative financial system for the large percentage of unbanked and underbanked populations in Africa
Many African countries have experienced high...
Regulatory uncertainty is a critical obstacle to the widespread adoption of cryptocurrencies in Africa
To address these risk concerns and foster greater adoption,...
An efficient crypto mining industry can generate more employment opportunities in Africa as demand for miners, blockchain experts, and technology specialists increases. This incentivizes countries to improve their energy and technological infrastructure to accommodate crypto operations. Such improvements can significantly benefit other industries and economic well-being.
African countries must seize the opportunity to become a crypto mining hub. This can help develop the digital economy, the financial standing of the citizens, and the energy production infrastructure. Accordingly, African governments can invest in cryptocurrencies and get alternative funding to develop renewable and alternative energy sources.
Roqqu Crypto exchange finally attained its Europen virtual currency license
Its headquarters are in Lekki, Lagos state Nigeria, and it has processed over...
President Nayib Bukele added several laws advocating the incorporation of other digital currencies within the crypto ecosystem
He stated that making Bitcoin legal...
According to Chainanalysis, the Middle East North Africa (MENA) region is among the fastest-growing crypto market within the crypto ecosystem
There is the...
The continent has decent speed in internet connection and limitless renewable energy sources that can sustain bitcoin mining in Africa
If the African...
Most illegal activities hinge on the functionality of cryptocurrency. Various crypto coins have entirely given user control over their personal information, known as...