Monday, February 16, 2026
28.2 C
Lagos

Bitcoin Excites Africa’s Youth

Seeing a significant growth in digital currency transactions on the African continent in recent years, driven largely by users under the age of 35, leading global peer-to-peer bitcoin marketplace, Paxful, is on a mission to increase access to the bitcoin economy for the people of Africa through education.

Benjamin Onuoha, Africa’s Regional Consultant for Paxful (Paxful.com), addressed delegates at a Johannesburg event recently to share insights on the bitcoin and cryptocurrency economy as well as present use cases observed from Africa’s consumers.

“The people of Africa have been the most ingenious and resourceful of our users – they are redefining our understanding of the uses of bitcoin. The world has much to learn from Africa about the future of the crypto-economy.”

spot_img
spot_img
spot_img

Hot this week

Open Alliance to FG, NASS: Conduct Population Census Ahead of 2027 Elections

Open Alliance, a coalition of civil society organisations working...

Tinubu Hails Nigeria-UAE Partnership as BUA Signs MoU with Abu Dhabi Ports, Mair Group

President Bola Ahmed Tinubu has commended the signing of...

NLNG Emerges Overall Champion at 20th Nigeria Oil & Gas Industry Games

Team NLNG celebrates being crowned overall champions at the...

Nigeria Secures Permanent Seat on the Board of African Central Bank

During the just-concluded 39th Session of the Executive Council...

Topics

Nigeria’s Power, Finance and Energy Investors to Parley FG in Oct

Leading development finance institutions and heads of Nigeria’s most...

Stanbic IBTC Bank Shows Determination to Support Agro-allied Economy

Stanbic IBTC Bank Plc, a member of Standard Bank...

Ecobank, Terre des Hommes Launch Safe Savings Project to Empower Street Children Escape Poverty

Ecobank, the pan-African bank, is partnering with leading international...

Banks Sack 1, 982 as Profit Margins Decline, E-Payment Transactions Down 2.16%

Adesola Adeduntan CEO First Bank of Nigeria Limited Money Deposit Banks (MDBs)...

IMF Projects 3.9% Global GDP in 2018, 2019

The upturn in economic growth prospects for the global...

Africa: Oil & Gas Industry as a Brand of Leadership

  Following Africa’s Oil Week announcement of moving their flagship...

Shell, 8 Banks Sign $2.2bn Contractor Financing Deal

Shell Companies in Nigeria, supported by the Nigerian National Petroleum Corporation (NNPC) has signed Memoranda of Understanding (MoUs) with eight Nigerian banks under the refreshed Shell Contractors’ Support Fund, the latest milestone in efforts to improve access to finance for Nigerian vendors and suppliers in the oil and gas industry.
spot_img

Related Articles

Popular Categories

spot_imgspot_img