Africa


Policy

Nigeria Invited, Then Detained Binance’s Compliance Head and Africa Manager for Two Weeks: Reports

"We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.

Binance Logo (Danny Nelson/CoinDesk)

Finance

Bitcoin-Focused Payments App Strike Rolls Out Services to Africa

"Many countries on the continent are grappling with high inflation rates and devaluing currencies, making it challenging for people to save and build wealth," the firm said in a blog post.

Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)

Videos

Core DAO Contributor Explains Why Africa is Ripe for Web3 Disruption

Core DAO recently launched its Core Africa Ecosystem Fund, which is a $5 million initiative focused on providing resources to help local Web3 builders. Initial Contributor to Core DAO and CEO of Element, Rich Rines, joins "First Mover" to discuss the announcement, along with the future of crypto adoption.

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Videos

[SPONSORED CONTENT] Founder and CEO of World Mobile Group, Micky Watkins discusses his plan to provide internet access for all through the use of balloons

Micky Watkins of World Mobile Group is making it his mission to provide internet connectivity to those without access in areas like Africa. WMG creates a sharing economy model that gives people the opportunity to set up their own tethered balloons to provide internet connectivity and in return are paid for their efforts.

Cardano Summit 2023 Interviews

Finance

Ripple Broadens Remittances Between Africa, Gulf States, UK and Australia

At its annual conference, Ripple also announced product enhancements and license updates, including a focus on payments between enterprises and smaller businesses.

Ripple (Jesse Hamilton/CoinDesk)

Videos

Celo Co-Founder on Stablecoin Wallet Launch, State of Web3 Across Africa

Web platform Opera just launched a stablecoin wallet built on the Celo blockchain, that aims to onboard mobile users across the continent of Africa to Web3. Celo co-founder Rene Reinsberg shares insights into the rollout and the implications for the state of crypto innovation and adoption across Africa.

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Videos

Gridless Co-Founder on Future of Green Bitcoin Mining

As part of CoinDesk's Mining Week, presented by Foundry, Gridless co-founder Erik Hersman, discusses how Gridless is bringing bitcoin mining to rural Africa and supporting local energy development. Foundry and CoinDesk are both owned by DCG.

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Videos

Lightspark CEO on Lightning Outlook, Bitcoin Network Congestion

Bitcoin users in Africa are turning to stablecoins and the Lightning Network as transaction fees have skyrocketed to the highest levels in about two years. Lightspark CEO and co-founder David Marcus joins "All About Bitcoin" to discuss, as Binance said it's adjusting fees and plans to integrate the Lightning Network. Marcus also explains why he thinks Bitcoin is the future of digital payments.

Recent Videos

Videos

Africa Moves to Lightning Network, Stablecoins Amid Soaring Bitcoin Transaction Fees

Bitcoin (BTC) users in Africa are increasingly moving to the Lightning Network and stablecoins as transaction fees have soared to their highest level in nearly two years. "The Hash" panel discusses the potential repercussions of BTC's fee spike and the path ahead to widespread crypto adoption.

Recent Videos

Tech

Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar

Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.

(Dale Kaminski/Getty Images)