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

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

2020-12-12T16:20:23+00:00

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A crypto payments network now allows mobile airtime and data to be purchased in 163 countries, with top-ups for electricity meters offered in five African natio...

Crypto payments network celebrates two big adoption milestones

2020-12-09T20:31:00+00:00

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Stablecoins and continentwide regulations are key to breaking down barriers to Africa's economic growth.

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

2020-12-03T16:13:12+00:00

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The cryptocurrency exchange has given up on Binance Uganda, but the regional play remains strong

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

2020-11-29T00:43:13+00:00

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Africa’s largest economy has become a bastion for crypto adoption.

Nigeria is establishing a framework for widescale crypto adoption

2020-11-24T22:22:15+00:00

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

Can blockchain make a difference? Africa sees vast monetary potential

Gareth Jenkinson

2020-11-15T15:00:00+00:00

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

Etherisc to offer blockchain-based crop insurance to Kenyan farmers

2020-11-14T22:07:46+00:00

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The launch coincides with an AKN token listing on the Bittrex cryptocurrency exchange.

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

2020-11-11T12:37:10+00:00

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