According to many reports this week, Bitcoin is still booming in several African countries. From South Africa to the sub-Saharan region, citizens from all walks of life find Bitcoin very beneficial for their economies. This shows the volume of cryptocurrency exchanges and the number of specialized companies in the field. In addition, Bitcoin is trading today in these countries at higher prices.

Discover the following video detailing these reports:

Africans’ interest in Bitcoin
The digital currency is on the rise in Africa according to many reports and trend data revealed by Google. One of the groups Bitcoin is calling for is the millennia, reports the columnist Catherine Byaruhanga of Uganda. For example, a young resident of Kampala, Peace Akware, hopes her investment in Bitcoin will increase enough for her to buy a vehicle and maybe even buy land one day.

Gerd Altmann, Source: Pixabay

Another person from Kampala, Martin Serugga, teaches the world of crypto-currencies in his school over thousands of years ago that more than 50 students attend. He teaches them how to invest in virtual currencies. Other reports indicate that since the economic and political crises in South Africa, people have become interested in Bitcoin. The trading company, Etoro, saw a rise in users in March when Finance Minister Pravin Gordhan was sacked.

The volume of transactions is rising
More populated areas such as Sudan, South Africa and Kenya continue to increase adoption rates. The Marketing Manager of Luno Digital Business, Werner Van Rooyen, says that thousands of transactions are carried out each week by South Africans. In addition, the recent resignation of Robert Mugabe has caused Zimbabwe’s Bitcoin prices to rise relative to the world average.

Digital security expert Neil Blazevic believes that these emerging technologies can transform Africa just like the telecommunications system.

News Bitcoin

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CEO AfrikaTech

Comme beaucoup de personnes j’ai connu l’Afrique à travers des stéréotypes : l’Afrique est pauvre, il y a la guerre, famine… Je suis devenu entrepreneur pour briser ces clichés et participer à la construction du continent. J’ai lancé plusieurs entreprises dont Kareea (Formation et développement web), Tutorys (Plate-forme de e-learning), AfrikanFunding (Plate-forme de crowdfunding). Après un échec sur ma startup Tutorys, à cause d’une mauvaise exécution Business, un manque de réseau, pas de mentor, je suis parti 6 mois en immersion dans l’écosystème Tech au Sénégal. J’ai rencontré de nombreux entrepreneurs passionnés, talentueux et déterminés. A mon retour sur Paris je décide de raconter leur histoire en créant le média AfrikaTech. L'objectif est de soutenir les entrepreneurs qui se battent quotidiennement en Afrique en leur offrant la visibilité, les connaissances, le réseautage et les capitaux nécessaires pour réussir. L'Afrique de demain se construit aujourd'hui ensemble. Rejoignez-nous ! LinkedIn: https://www.linkedin.com/in/boubacardiallo

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