Africa


Markets

Africa Needs Open Currency Competition. It Needs Cryptocurrency

Africa's various currency crises illustrate why cryptocurrency innovation shouldn't be stifled, says economic analyst Terence Zimwara.

Zimbabwean banknote

Markets

Bitcoin Exchange Paxful Sees 20% 2018 Growth, Driven by Africa

Despite bitcoin's price volatility in 2018, P2P exchanges Paxful and LocalBitcoins each saw significant user growth in Africa.

african market

Markets

Binance Signs Up 40,000 Crypto Traders in Its First Week in Uganda

Unlike its parent company, Binance Uganda handles fiat currency (in partnership with a local mobile payment provider) and requires full customer ID.

Uganda

Markets

World's Largest Crypto Exchange Binance Looks to Add New Stablecoins

Binance sees stablecoins like tether, and potentially the Gemini Dollar, as "critical for our ecosystem," the exchange's chief financial officer says.

binance

Markets

Rwanda Starts Tracking Conflict Metal Tantalum With Blockchain

The Rwandan government has turned to blockchain to track tantalum, a metal used in consumer electronics and often associated with conflict zones.

Tantalum ore

Markets

UN Food Program to Expand Blockchain Testing to African Supply Chain

The U.N. World Food Programme plans to test blockchain for tracking food delivery in East Africa, following a refugee aid pilot in Jordan.

Relief supplies from the World Food Programme are staged to be loaded onto an MV-22 Osprey at Tribhuvan International Airport, Kathmandu, Nepal, May 14, in order to be delivered to remote locations during Operation Sahayogi Haat. Joint Task Force 505 along with other multinational forces and humanitarian relief organizations are currently in Nepal providing aid after a 7.8 magnitude earthquake struck the country, April 25 and a 7.3 earthquake on May 12. At Nepal’s request the U.S. government ordered JTF 505 to provide unique capabilities to assist Nepal. (U.S. Marine Corps photo by MCIPAC Combat Camera Staff Sgt. Jeffrey D. Anderson/Released)

Markets

Even If It Fails: Why Dash Could Have a Lasting Impact on Crypto Adoption

Few cryptocurrency projects are evangelizing in emerging markets as aggressively as dash, giving $2.3 million to communities in the developing world.

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Markets

Bitcoin Exchange Paxful Reveals Plan to Reach Venezuela's Unbanked

Paxful says business is surging in developing nations, where mobile phones are abundant and cheap, but access to exchange platforms remains scarce.

Venezuelan bolivars

Markets

Crypto Startup Wala Is Reaching Africans with Ethereum Micropayments

South Africa startup Wala is using microraiden for high volume, low-value, off-chain ethereum transactions. And people are using it in the thousands.

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Markets

Ethiopia Explores Blockchain Role in Tracking Coffee Exports

Ethiopia is exploring the use of blockchain technology to track the supply chain for its largest export, coffee.

Image via Shutterstock