Africa


Policy

Why Nigerians Aren't Turning to the eNaira Despite Crippling Cash Shortages

A lack of infrastructure, merchants and interest may all be reasons why more people in the country aren't using the digital currency.

A shortage of cash in Nigeria has prompted more Nigerians to use the country's digital currency. (TVC News)

Opinion

Worldwide Grassroots Projects Can Lead Crypto Recovery

Crypto is not hurting lower income and marginalized communities, but instead providing them with new tools - through innovative governance models and tokenomics - to regain control from historically oppressive financial systems.

(Rachel Sun/CoinDesk)

Videos

How Machankura Allows Bitcoin Transactions Without an Internet Connection

Bitcoiners in African countries, including Nigeria, South Africa, Kenya and Ghana, can now send and receive bitcoin (BTC) without a smartphone or Internet connection. Machankura catalyst Kgothatso Ngako discusses how the digital wallet startup is making it happen by tapping into the Bitcoin Lightning network. Plus, insights on bitcoin adoption in Africa.

Recent Videos

Tech

Machankura’s Bitcoin Wallet Targets Africans With Old-School Phones and No Internet

The service lets users in nine African countries tap into the Bitcoin Lightning network using basic feature phones. “Anyone who's interested in using bitcoin and living on bitcoin should be able to do so easily,” founder Kgothatso Ngako said.

(http://www.fotogestoeber.de/Getty Images)

Videos

Why Africa Is the Best Place To Develop a Network State

Afropolitan Co-Founder Chika Uwazie joins I.D.E.A.S. 2022 to discuss the definition of a network state and its significance to continents like Africa where the population is young and eager to explore the digital world.

Recent Videos

Videos

Canza Finance Co-Founder: Web3 for the Next Emerging Economies

Canza Finance's Co-Founder and CTO Oyedeji Oluwoye brings to I.D.E.A.S. 2022 a presentation on emerging economies and reveals how DeFi provides access to financial products that generate sustainable wealth for African users and help grow the African financial sector from the grassroots level.

Recent Videos

Finance

Built With Bitcoin Foundation Opens Technology Center in Ghana

The structure was built by Ghanian workers compensated in bitcoin, on land donated by local communities.

Ghana national flag (Natanael Ginting/Getty Images)

Tech

'Hyperbitcoinization' Is Coming to an Emerging Market Near You, Paxful's Ray Youssef Says

The CEO and co-founder of the peer-to-peer bitcoin exchange that's popular in Africa explains why the Global South will lead the Bitcoin revolution.

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

Layer 2

Clixpesa Is Bringing Traditional Kenyan Investing Techniques to Web3

This Web3athon project aims to simplify payments in Africa and bring a regional community investment tool, called a Chama, to crypto.

(James Wiseman/Unsplash, modified by CoinDesk)