Web 3.0 in Africa:
Trends, Transformations and Triumphs
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All Articles
May 20, 2024
Africa, Blockchain, For Developers
10 Countries: Bitcoin Mining Takes Off in Africa, Powered by Green Energy
Across Africa, a new digital gold rush in the form of bitcoin mining is underway. Thanks to cheap electricity, China’s crypto mining ban, a tech-savvy population and supportive regimes, at least 10 countries in the continent are attracting large-scale bitcoin mining operations even as the cryptocurrency halved on April 19.
May 9, 2024
Africa, Blockchain
Crypto On/Off Ramping Solutions in Africa
Thank you for visiting our blog post 🐲🌟 While digital finance offers local currency loans, DeFi, in many cases, requires on/off crypto ramping for the local currencies. In this post, we look at the on/off crypto ramping solutions in Africa. New projects are expected to develop more convenient options for the web3 service users in the region. 👽 Blog posts related to this post EMURGO Africa 2023 Annual Report: EMURGO Africa’s 2023 Key Contributions in Carbon Offset Trade, Lending, and Crypto
May 1, 2024
Africa, Blockchain
3 Key Uses of Cryptocurrencies in Africa
Thank you for visiting our blog post 🦚🌟 Among a wide range of applications of blockchain, the actual demand for the technology in Africa is centered on the use of cryptocurrencies for preservation of money value, cross-border remittance, and inter-continental payment for SMEsa. In this blog post, we learn the current status of crypto demand in Africa and prospects. 🪂 Blog posts related to this post EMURGO Africa 2023 Annual Report: EMURGO Africa’s 2023 Key Contributions in Carbon Offset T
April 17, 2024
Africa, Blockchain
Access to Finance: Digital and Web3 Lending in Africa
Thank you for visiting our blog post 🦙🌟 In sub-Saharan African (SSA) countries, the freedom of money transaction has increased over the past decade with the spread of mobile phones and the expansion of mobile money. However, challenges persist in the financial sector, such as limited access to bank accounts including mobile money accounts, and high barriers to lending for small and medium-sized enterprises (SMEs). Blockchain-based lending lowers interest rates, introduces new collateralizatio
April 15, 2024
Ethiopia: From Crypto Ban to Crypto Regulation
Ethiopia, the second-most populous nation in Africa (123 million people), has had an evolving relationship with cryptocurrencies. Initially taking a cautious stance, the country went from outright bans to a guarded exploration of the potential benefits of crypto and blockchain technology. This shift reflects the global trend of governments grappling with the disruptive force of cryptocurrencies.
April 10, 2024
Blockchain
Blockchain-Powered Carbon Offset Trade
Thank you for visiting our blog post 🦩🌟 In this post, we explore the critical challenges faced by the voluntary carbon market (VCM) in demonstrating and verifying the impact of carbon offsetting measures. Blockchain emerges as a solution to address credibility issues, fragmentation, and low liquidity in carbon markets. We introduce several existing blockchain-powered carbon trade platforms. Blog posts related to this post: EMURGO Africa 2023 Annual Report: EMURGO Africa’s 2023 Key Contribut