https://en.sputniknews.africa/20241017/africas-crypto-boom-how-the-continent-is-racing-ahead-in-global-digital-finance-1068716662.html
Africa's Crypto Boom: How the Continent is Racing Ahead in Global Digital Finance
Africa's Crypto Boom: How the Continent is Racing Ahead in Global Digital Finance
Sputnik Africa
Cryptocurrency adoption is skyrocketing across Africa, outpacing more developed economies in growth. While advanced economies remain cautious, digital... 17.10.2024, Sputnik Africa
2024-10-17T15:20+0200
2024-10-17T15:20+0200
2024-10-17T15:20+0200
african currents
podcasts
sputnik africa
blockchain
cryptocurrencies
central africa
east africa
west africa
southern africa
north africa
https://cdn1.img.sputniknews.africa/img/07e8/0a/10/1068717648_0:88:400:313_1920x0_80_0_0_2ce20b87963d6d62e04987a0730dc3c1.jpg
Africa's Crypto Boom: How the Continent is Racing Ahead in Global Digital Finance
Sputnik Africa
Cryptocurrency adoption is skyrocketing across Africa, outpacing more developed economies in growth. While advanced economies remain cautious, digital currencies are being embraced in Africa at an unprecedented rate. Bitget’s user base in the region has soared by 1600%, highlighting a rapid shift toward alternative financial solutions.
Blockchain in Africa is on the verge of substantial growth, marking a key moment for its adoption. The continent's proven ability to advance rapidly past traditional tech stages, like with mobile phones, makes blockchain a game-changer for several sectors, explains Brenton Naicker, Principal & Head of Growth (Africa), CV VC [an early-stage venture capital investor with a focus on global startups that build solutions using blockchain technology], during an interview with African Currents.To find out what else our guest had to say, tune in to the African Currents podcast, brought to you by Sputnik Africa.In addition to the website, you can also catch our episodes on Telegram.► You can also listen to our podcast on Apple Podcasts, Spotify, Deezer, Pocket Casts, Afripods, Podcast Addict.► Check out all the episodes of African Currents.
central africa
east africa
west africa
southern africa
north africa
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2024
Chimauchem Nwosu
https://cdn1.img.sputniknews.africa/img/07e8/06/0b/1066992175_0:0:278:278_100x100_80_0_0_b5f6eaa3b85dbfcd0266ea860848a996.jpg
Chimauchem Nwosu
https://cdn1.img.sputniknews.africa/img/07e8/06/0b/1066992175_0:0:278:278_100x100_80_0_0_b5f6eaa3b85dbfcd0266ea860848a996.jpg
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Chimauchem Nwosu
https://cdn1.img.sputniknews.africa/img/07e8/06/0b/1066992175_0:0:278:278_100x100_80_0_0_b5f6eaa3b85dbfcd0266ea860848a996.jpg
podcasts, sputnik africa, blockchain, cryptocurrencies , central africa, east africa, west africa, southern africa, north africa, аудио
podcasts, sputnik africa, blockchain, cryptocurrencies , central africa, east africa, west africa, southern africa, north africa, аудио
Africa's Crypto Boom: How the Continent is Racing Ahead in Global Digital Finance
Cryptocurrency adoption is skyrocketing across Africa, outpacing more developed economies in growth. While advanced economies remain cautious, digital currencies are being embraced in Africa at an unprecedented rate. Bitget’s user base in the region has soared by 1600%, highlighting a rapid shift toward alternative financial solutions.
Blockchain in Africa is on the verge of substantial growth, marking a key moment for its adoption. The continent's proven ability to advance rapidly past traditional tech stages, like with mobile phones, makes blockchain a game-changer for several sectors, explains Brenton Naicker, Principal & Head of Growth (Africa), CV VC [an early-stage venture capital investor with a focus on global startups that build solutions using blockchain technology], during an interview with African Currents.
"I think what's interesting is, we're really at an inflection point for blockchain in Africa, where I think the trajectory that we're about to be on really from last year to this year is setting us up for some really significant adoption and significant growth. [...] What excites me the most is really the ability for Africa, which has proven to leapfrog in terms of technology adoption. We all saw it firsthand. The famous example is fixed-line telecommunications, where Africa sort of superseded that whole cycle and went straight to mobile. And I think that's what really excites me about blockchain is blockchain has the ability to transform a number of industries in Africa," Naicker states.
To find out what else our guest had to say, tune in to the African Currents podcast, brought to you by Sputnik Africa.
In addition to the website, you can also catch our episodes on
Telegram.► Check out all the episodes of African Currents. 
