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Ghanaian Tech Firm Dot Com Makes First Cryptocurrency In Africa

Ghanaian Tech Firm Dot Com Makes First Cryptocurrency In Africa | money money money | Scoop.it

Ghanaian tech firm Ghana Dot Com (GDC) has established what it terms as the first cryptocurrency producing farm in Africa that it expects will add to the global Bitcoin pool

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Bitcoin Saves Africa: Nigeria’s Bank Prohibits Foreign Banknotes Deposits by DMBs

Bitcoin Saves Africa: Nigeria’s Bank Prohibits Foreign Banknotes Deposits by DMBs | money money money | Scoop.it
Central Bank of Nigeria prohibits the acceptance of foreign currency cash deposits by Deposit Money Banks.
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BitBeat: Bitcoin-Startup BitPesa Expands Into Nigeria, Uganda - Wall Street Journal (blog)

BitBeat: Bitcoin-Startup BitPesa Expands Into Nigeria, Uganda - Wall Street Journal (blog) | money money money | Scoop.it
BitPesa, the two-year old Kenyan startup that offers money-transfer services over the bitcoin network, has expanded into Nigeria and Uganda, marking the third and fourth countries in which it operates.
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With bitcoin use on the rise, African countries eye regulations - PCWorld

With bitcoin use on the rise, African countries eye regulations - PCWorld | money money money | Scoop.it
The increasing use of bitcoins in Africa has prompted a growing chorus of government officials, legal experts and e-commerce entrepreneurs to call for the virtual currency to be regulated.
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Nigeria's Central Bank Calls for Bitcoin Regulation - CoinDesk

Nigeria's Central Bank Calls for Bitcoin Regulation - CoinDesk | money money money | Scoop.it
Nigeria's Central Bank has called out for bitcoin regulation in an attempt to curb money laundering and avoid international sanctions, reports claim.
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BitFinance of Zimbabwe Becomes the First Savannah Fund's Bitcoin-Related ... - CoinTelegraph

BitFinance of Zimbabwe Becomes the First Savannah Fund's Bitcoin-Related ... - CoinTelegraph | money money money | Scoop.it
The fourth Savannah Fund accelerator class is underway. BitFinance, a bitcoin exchange in Zimbabwe, is one of four startups selected from a list of over 150 applications from across Africa.
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Record quarter for Bitcoin investments, Africa sees growth

Record quarter for Bitcoin investments, Africa sees growth | money money money | Scoop.it
CoinDesk reports record quarter for Bitcoin investments, and growing interest in Africa
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How Bitcoin Could Revolutionize Remittance in Africa

How Bitcoin Could Revolutionize Remittance in Africa | money money money | Scoop.it
A host of local companies are looking to disrupt the remittance market in Africa by undercutting traditional money transfer operators while also offering businesses new ways of accepting payments on…
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Online Bitcoin Trading Takes Root in Africa - CoinTelegraph

Online Bitcoin Trading Takes Root in Africa - CoinTelegraph | money money money | Scoop.it
It is a well-documented fact that Africa has a huge number of unbanked, which in some countries goes beyond 70%, and also incurs very high costs of money transmission.
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The Tale of Bitcoin in Africa Continues To Be Writ - Kachwanya.com

The Tale of Bitcoin in Africa Continues To Be Writ - Kachwanya.com | money money money | Scoop.it
Sub-Saharan Africa sees 75% of the population with no bank account; those in the know say the currency could assist a great deal of folk make payments on their bills and generally get a handle on their finances.
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Breaking the bank: Bitcoins hit Africa's money transfer traditions - CNN

Breaking the bank: Bitcoins hit Africa's money transfer traditions - CNN | money money money | Scoop.it
Money makes the world go round, they say, but what if notes and coins were replaced with online code?
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Breaking the bank: Bitcoins hit Africa's money transfer traditions - CNN.com

Breaking the bank: Bitcoins hit Africa's money transfer traditions - CNN.com | money money money | Scoop.it
Money makes the world go round, they say, but what if notes and coins were replaced with online code?
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ICE3x Launches Nigeria's First Bitcoin Exchange

ICE3x Launches Nigeria's First Bitcoin Exchange | money money money | Scoop.it
ICE3X has launched Nigeria's first bitcoin exchange, opening up a potentially huge market for the digital currency in Africa's most populous country.
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Bitcoin Education Comes to Ghana - CoinTelegraph

Bitcoin Education Comes to Ghana - CoinTelegraph | money money money | Scoop.it
One organization that wants to improve the situation is the Dream Bitcoin Foundation, a non-profit organization created by a young Ghanaian Bitcoin enthusiast, Philip Asare, to empower young crypto entrepreneurs in Ghana.
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Dream Bitcoin Foundation prepares to create awareness and educate college students in Ghana.

Dream Bitcoin Foundation prepares to create awareness and educate college students in Ghana. | money money money | Scoop.it

The Ghana Dream Bitcoin Foundation, a non-profit organization created to empower young entrepreneurs, is fundraising on Indiegogo for the first Regional Bitcoin Seminar at Kumasi, Ghana. There is only two days left to contribute to the fundraiser, and the seminar will be December 5 – 7.

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Sierra Leone Fashion Company Brings Bitcoin to West Africa - CoinDesk

Sierra Leone Fashion Company Brings Bitcoin to West Africa - CoinDesk | money money money | Scoop.it
Sierra Leone Fashion Company Brings Bitcoin to West Africa CoinDesk In Freetown, Sierra Leone, an ethical fashion accessories company called Bureh is taking the first step in creating a bitcoin economy for sub-Saharan Africa by accepting bitcoin...
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Deep Politics Monitor: Phone-to-phone payments already bringing massive changes to Kenya

Deep Politics Monitor: Phone-to-phone payments already bringing massive changes to Kenya | money money money | Scoop.it


Try to imagine what your life would be like if you had no bank account, no credit or debit cards, and no cash, and on top of that, you lived in a country where poverty, crime, and corruption were rampant. I’ve never been there, but by many reports Kenya is just such a place. How do people cope?


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Ten Days in Kenya With No Cash, Only a Phone - Businessweek

Ten Days in Kenya With No Cash, Only a Phone - Businessweek | money money money | Scoop.it

It’s often the first thing a visitor to a foreign country hears, an offer of services before he’s found his feet. It always feels like an invitation to get ripped off, and it frequently is. There’s almost no helping it.

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A Kenyan startup is promoting the use of bitcoin in money transfers to Africa - Digits - WSJ

A Kenyan startup is promoting the use of bitcoin in money transfers to Africa - Digits - WSJ | money money money | Scoop.it
BitPesa intends to showcase the potential of bitcoin as a currency-transfer medium for the developing world.
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Bitcoin in Botswana - Bitcoin Magazine

Bitcoin in Botswana - Bitcoin Magazine | money money money | Scoop.it

Africa is often touted as the region most likely to benefit from Bitcoin. However, for the most part, the technology has yet to take off in any meaningful way.

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Botswana Children's Charity Launches Bitcoin Appeal - CoinDesk

Botswana Children's Charity Launches Bitcoin Appeal - CoinDesk | money money money | Scoop.it

Prominent African bitcoin campaigner Alakanani Itireleng is turning her attention to charity, appealing for bitcoin donations to Botswana’s SOS Children’s Villages.

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How bitcoin is moving money in Africa - USA TODAY

How bitcoin is moving money in Africa - USA TODAY | money money money | Scoop.it


It's OK to admit that you still don't know what bitcoin is — but you may now officially be behind the curve. Because all of Africa could soon be getting onboard.

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What are the opportunities and potential for Bitcoin in Africa?

What are the opportunities and potential for Bitcoin in Africa? | money money money | Scoop.it
Alec Korba's answer: Africa is well positioned to capture the power of Bitcoin and there are dozens if not hundreds of industries that will be impacted by digital currency.
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Guest Post: Duncan Arthur on the Year of the Bitcoin

Guest Post: Duncan Arthur on the Year of the Bitcoin | money money money | Scoop.it
Bitcoin hobbyist Duncan Arthur looks back on the development of Bitcoin over a year that has seen its value skyrocket and the launch of its first ATMs, discussing its relevance to Africa and looking at the future of the borderless digital currency.
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Banking’s new playground — Medium

Banking’s new playground — Medium | money money money | Scoop.it
The difference between those with access to formal banking in high-income, developed economies versus developing economies is stark.
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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation