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Africa News

Africa is the second largest continent in the world in terms of both territory and population. There are 55 states located on the continent. Economies in Africa differs from country to country. In Africa, cryptocurrency tends to be sold with a large trade margin which can even reach 100% due to several reasons. Firstly, Bitcoin in Africa is very difficult to mine because of the climate and lack of infrastructure. Also, cryptocurrency is in big demand in Africa as national currencies are vulnerable to hyperinflation. Besides that, since there are only a small number of virtual currency retailers they are able to set high prices. The relative financial stability of digital money and the opportunities for profit make cryptocurrencies very popular in Africa.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

The number of Cardano millionaires has gone up 1,2341.34% this year, according to Coin Metrics data.

There are now 6,710 Cardano millionaires following latest ADA surge

2021-05-18T20:15:00+01:00

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After a successful run in Nigeria, Quidax announced global expansion plans and the launch of its native token, QDX.

African crypto exchange registers $3.2B in transactions ahead of global expansion

2021-05-10T19:40:00+01:00

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Blockchain technology will be used to enhance the educational experience of five million students and 750,000 teachers across the east African nation.

IOHK partners with Ethiopian government to revamp education system

2021-04-29T20:00:00+01:00

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Some companies are using blockchain technology to open up the logistics routes that COVID-19 has closed down.

$400M African fertilizer deal executed on blockchain eases COVID-19 slowdown

2021-04-07T13:29:41+01:00

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Uganda’s government has reportedly allocated land for Akon’s crypto-city development project in the country.

Akon to build second African crypto-city in Uganda

Osato Avan-Nomayo

2021-04-06T12:46:42+01:00

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Blockchain Africa highlights the remaining hurdles that stand in the way of widespread adoption of crypto and blockchain on the continent.

Optimism abounds for crypto and blockchain adoption at virtual Blockchain Africa

Gareth Jenkinson

2021-03-22T13:29:05+00:00

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The governor of the Central Bank of Nigeria has seemingly softened his stance on crypto for individuals, if not banks.

Nigeria's central bank not discouraging people from trading crypto, says governor

2021-03-21T18:44:25+00:00

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The COVID-19 pandemic has highlighted the necessity for the digitalization and sustainable development of African economies.

Africa’s solarized digitalization agenda in the time of coronavirus

2021-03-20T13:07:00+00:00

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