Category Archives: Crypto in Africa

Crypto in Africa: Nigeria launches blockchain hub as it welcomes new crypto exchange

The cryptocurrency sector in Nigeria has been busy growing in the last couple of weeks with new game changers joining in the fray. More Nigerians are trading in cryptocurrencies both locally and internationally. New blockchain hub launched in Nigeria KAD ICT Hub, a Nigerian state-backed innovation hub, has collaborated with UK blockchain company Coinfirm to launch the Africa Blockchain Lab

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Nigeria taps blockchain to stop corruption, South Africa mulls pro-crypto tax guidelines

African countries are not just taking blockchain technology by the horn, they’re also tightly holding on to it. In the last few months, some countries in the region are finally realizing the great potential of cryptocurrency and its underlying technology. Can blockchain help stop corruption in Nigeria? The Nigeria Customs Service (NCS) is planning to venture into blockchain to eradicate

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Crypto in Africa: Kenya hot on heels of South Africa in crypto expansion

Africa frequently makes the headlines for its rapid adoption of cryptocurrencies and its underlying technology, the blockchain. In recent months, South Africa has appeared to be on the lead when it comes to adopting the new technology, with Uganda recently joining the crypto party. Now, the crypto gathering in Africa finds a new member—Kenya. Sun Exchange partners with Powerhive to

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Crypto in Africa: Companies make room as more Africans eye crypto investments

South Africa has been a frontrunner in the cryptocurrency industry in Africa. Since the beginning of 2018, the country’s cryptocurrency market has seen a notable growth with more people joining each day.  There has been an increase in the number of cryptocurrency exchanges and startups, and paying with digital currencies has become the norm among a growing number of merchants

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Crypto in Africa: Blockchain transforms farming, Kenya moves closer to regulation

Accepting blockchain and its technologies has not been an easy task in Africa. However, the technology is slowly making headway in the continent. In particular, the farming industry has seen significant growth in the recent months due to blockchain technology. The Olam Farming Information System (OFIS) has helped many farmers maximize farm products in Africa, Asia, and South America. OFIS

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Crypto in Africa: KuBitX hybrid exchange targets emerging markets, Binance takes on Uganda

In this week’s roundup of crypto and blockchain news in Africa, KuBitX reveals its plans for the African market, which includes setting up a hybrid crypto exchange to serve emerging markets in the region. Meanwhile, Nigeria’s FDI is expected to improve thanks to blockchain, while Binance expands its hold on Uganda market. KuBitX hybrid crypto exchange targets emerging markets Today,

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