Africa


Finance

Binance Labs–Backed ‘DeFi Credit Union’ Bringing Higher Yields to Savers in Nigeria

With backing from Binance Labs, Nigeria's Xend Finance is looking to bring DeFi to the world of local credit unions.

Xend Finance founder and CEO Aronu Ugochukwu (center)

Policy

Nigeria Protests Show Bitcoin Adoption Is Not Coming: It's Here

Blockchain is gaining traction fast in Nigeria partly because its young and tech-savvy population is showing an eagerness to learn more about Web3.0, a decentralized internet powered by blockchain technology.

Nigeria

Finance

Bitcoin in Africa: FastBitcoins Partners With Flexepin to Expand Global Footprint

FastBitcoins has partnered with ASX-listed Flexepin to bring the U.K.-based crypto company's services to 20,000 more locations.

Mombasa, Kenya

Markets

Meet a Freelance Cypherpunk Developer in Africa

Fodé Diop, founder of the Dakar Bitcoin Developers meetup in Senegal, speaks with CoinDesk’s Leigh Cuen about bitcoin in Africa.

(Dakar Bitcoin Developers)

Policy

Where FATF Crypto Compliance Gets Interesting: Africa

Crypto businesses seeing strong growth across the 54-country continent are working hard to meet the FATF's anti-money laundering standards.

Tanzania (Hu Chen/Unsplash)

Markets

Charlie Shrem TLDL: Ray Youssef and Crypto’s Role in Africa

Ray Youssef joins Charlie Shrem to discuss Paxful's mission in Africa, the liberating power of crypto and the unfairness of the African franc.

Ray Youssef, CEO of Paxful

Tech

One Man's Mission to Deploy Solar-Powered Bitcoin Nodes Across Africa

A Nigerian entrepreneur has released a $500 kit for building solar-powered Lightning nodes in hopes of expanding bitcoin adoption across Africa.

DIY: The Spacebox includes all the hardware needed to build a Lightning node. (Chimezie Chuta)

Policy

Money Reimagined: The Ongoing Crisis Is Stirring a Crypto Awakening in Developing Nations

Peer-to-peer bitcoin transactions are up in the developing world. This has everything to do with "QE Infinity" and could be an opening for stablecoins.

Credit: Shutterstock

Markets

This Bitcoin Documentary From Africa Is Streaming on Amazon Prime

A new documentary – “Banking on Africa: The Bitcoin Revolution” – explores the role of cryptocurrencies in African economies.

An image from “Banking on Africa: The Bitcoin Revolution.” (Credit: Tamarin Gerriety)

Markets

Why Binance and Akon Are Betting on Africa for Crypto Adoption

Demand for bitcoin is surging in Ghana, Nigeria and Kenya, attracting investment from the cryptocurrency exchange Binance and a token project by Akon.

Hip-hop artist Akon is the latest celebrity to join the cryptocurrency industry, setting his sights on Africa with his Akoin token project. (Credit: Shutterstock)