Cryptocurrencies are gradually being discovered in Africa. In countries like South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there is a semblance of digital currencies, primarily bitcoin, taking roots.
These countries have got Exchanges and start-ups in the crypto space, and their businesses are recognizing the significance of Cryptocurrencies in fostering cross-border trade and payment. As a matter of reality, there are more than 1000 merchants accepting Bitcoin in South Africa.
Moreover, the infrastructure for the takeoff of digital tokens is solid. Telecommunication liberalisation across the continent has enabled internet accessibility remarkably.
Figures from GSMA indicates that half of the population in Africa subscribed to mobile telephony. Also, the statistics intimate that for the past two years smartphone usage in the continent has doubled to reach 226 million.
CCN spoke to Adewale Bankole, President of the Bastiat Society and Humaniq Ambassador of Nigeria about the future of Cryptocurrencies in Africa.
https://www.cryptocoinsnews.com/africa-ripped-bitcoin/
