Tag Archives: Africa

Over the years, more and more people have adopted cryptocurrencies like Bitcoin as their vehicle for financial freedom and savings safeguard. The largest cryptocurrency by market capitalization is usually preferred by those who want to protect their money against political and economic turmoil. Despite this, not all individuals facing economic …

Somebody — or something — is speaking from inside a timber crate. “It’s so dark in here… a night so deep and opaque” read the subtitles; the voice is speaking in Fon, the local language of the West African country that was once called Dahomey and is now Benin. As …

Hundreds of millions of Africans face two problems holding them back from progress: 600 million lack electricity, while virtually all 1.4 billion people on the continent lack high-quality currency. Compare this to the US, Northern Europe, or Japan, where nearly everyone has access to consistent, affordable power and a widely-accepted …

Ripple is partnering with payments fintech Onafriq, formerly known as MFS Africa, to facilitate digital asset-enabled cross-border payments connecting Africa to several new markets, such as the Gulf Cooperation Council (GCC), the UK, and Australia. The collaboration is expected to introduce quicker, more effective, and economical global money transfers to …

Commenting on the partnership with Ripple, Dare Okoudjou, founder & CEO at Onafriq, said the deal is the first step towards the implementation of the company’s crypto strategy. The leading blockchain payment company Ripple has secured a partnership with Onafriq, one of the top mobile payments companies in Africa, to expand …

I write this article as a resident of New York City, home of the Statue of Liberty, one of the most widely recognized symbols of America — the “land of the free”. But, when it comes to Bitcoin, I don’t feel so free as a New Yorker. New York State …

Media and technology company gamma. has expanded to Africa and unveiled its newest Vice President and General Manager. As The Shade Room previously reported, gamma. was launched by former Apple executive Larry Jackson in March. Additionally, the company allows artists and brands to work on projects in “music, films, merchandise, …

Introduction. The most recent coup in Niger brings to a head a lot of the challenges that have been happening in west Africa, in Francophone Africa in particular. The French and US involvement in this region was purportedly to help economic development and fight corruption within Western Africa. As the …

Bitcoin (BTC) adoption in West Africa is dominated by Nigeria, the crypto powerhouse and the region’s economic engine. But against a backdrop of anti-French sentiment, Bitcoin educational efforts are also bubbling away in French-speaking West Africa. Senegal recently opened its first physical Bitcoin exchange and education center called Bitique, and …

In my youth, amid Ghana’s cocoa farms, I walked with my grandfather, a soldier turned farmer. He shared how these beans fueled our nation’s pride and economy. As the digital age unfurls, I often wonder: Could the modern marvel of crypto tokenization be the change my grandfather and countless cocoa …

Last week saw more rules and regulations emerge regarding digital assets. Thailand’s Securities and Exchange Commission issued new rules requiring digital asset service providers to warn customers of risks associated with cryptocurrency trading. The warning message must be clearly visible, and before customers can use the service, the business operator …

Worldcoin, co-created by OpenAI’s Sam Altman, finds itself at the center of a controversy. Recent reports from a Chinese news site revealed that individuals in China, unable to directly participate in the forthcoming Worldcoin token distribution, are resorting to unconventional means.  Taking advantage of the world’s interconnectedness, these individuals are …