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Token-based electricity top-up app expands in Africa but faces headwinds

January 8, 2021 BitcoinFAQs

Crypto payments network Electroneum is expanding its utility bill and mobile phone airtime top-up coverage to more countries in Africa.…

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Posted in: Todays News Filed under: Africa, Electroneum, ETN, syndicated

Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year

January 4, 2021 BitcoinFAQs

Bitsika Africa, a crypto startup operating out of Ghana and Nigeria, said Monday that it processed almost $40 million in…

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Posted in: Todays News Filed under: Africa, Atsu Davoh, Bitcoin, Bitsika Africa, Crypto remittances, Emerging Markets, Ghana, Nigeria, syndicated, Yellow Card

Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

December 12, 2020 BitcoinFAQs

The CEO of Cardano developers IOHK sees a promising path towards DeFi adoption throughout the world’s second-most populous continent In…

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Posted in: Todays News Filed under: Africa, Cardano, Decentralized Finance, DeFi, Ethiopia, syndicated

Everyone’s talking crypto for solving sub-Saharan Africa’s payments problems

December 3, 2020 BitcoinFAQs

Stablecoins and continentwide regulations are key to breaking down barriers to Africa’s economic growth. As global interest in stablecoins explodes,…

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Posted in: Todays News Filed under: Africa, Barriers, cross-border payments, Global, Nigeria, Regulation, Stablecoins, syndicated

Following Binance Uganda closure, Binance P2P makes strong inroads in Africa

November 28, 2020 BitcoinFAQs

The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong Following the announcement of a…

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Posted in: Todays News Filed under: Africa, Binance, Ghana, Kenya, Nigeria, P2P, Peer to Peer, South Africa, syndicated

Can blockchain make a difference? Africa sees vast monetary potential

November 15, 2020 BitcoinFAQs

As access to crypto spreads across Africa, blockchain could be crucial in improving cross-border payments and settlement systems. As technological…

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Posted in: Todays News Filed under: Adoption, Africa, Nigeria, South Africa, syndicated, Zimbabwe

Etherisc to offer blockchain-based crop insurance to Kenyan farmers

November 14, 2020 BitcoinFAQs

The project aims to provide a blockchain-based parametric insurance platform that helps protect smallhold farmers from the effects of climate…

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Posted in: Todays News Filed under: Africa, Chainlink, Etherisc, insurance, syndicated

Akoin Cryptocurrency Launches in Kenya as Pilot for $6 Billion Akon City

BitcoinFAQs

The akoin cryptocurrency, created by famous singer and philanthropist Akon, has started trading on a global crypto exchange. It is…

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Posted in: Todays News Filed under: Africa, africa crypto, Akoin, akoin africa, akoin crypto, akoin cryptocurrency, akoin kenya, akoin price, akon city, akon city launch, akon cryptocurrency city, News, syndicated

Akoin rolls out to Kenyan tech city in first step toward Akon City

November 11, 2020 BitcoinFAQs

The launch coincides with an AKN token listing on the Bittrex cryptocurrency exchange. Akoin, the cryptocurrency project of American-Senegalese musician…

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Posted in: Todays News Filed under: Africa, Kenya, syndicated

Weather-tracking blockchain in West Africa, but transparency on a raincheck

November 10, 2020 BitcoinFAQs

A blockchain-based project aims to collect weather data generated in West Africa. Will the region be open to data sharing?…

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Posted in: Todays News Filed under: Africa, Cryptocurrencies, FinTech, syndicated

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  • Token-based electricity top-up app expands in Africa but faces headwinds
  • Ghanaian Startup Bitsika Africa Processed $40 Million in Crypto Remittances in 2020, up 3,900% Year-on-Year
  • Africa is the future of DeFi, argues Cardano’s Charles Hoskinson

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