Tag: africa

China's Bitcoin Exit: Opportunity or Trap? African Investors Beware

China's Bitcoin Exit: Opportunity or Trap? African Investors Beware

Is China’s alleged $16 Billion Bitcoin fire sale the best chance for African investors to make it big, or a wolf in sheep’s clothing? That's the million-dollar question, isn't it? And quite frankly, it deserves more than a 140-character, surface-level response.Bitcoin's Allure: Empowerment or Illusion?Cryptocurrency—especially Bitcoin—has a seductive power, particularly...

White House Tariff Chaos: Is Bitcoin the Answer for Africa?

White House Tariff Chaos: Is Bitcoin the Answer for Africa?

Global trade wars feel distant, abstract. For those of us who are fortunate to live and work in Africa, they most certainly are not. For someone like me, based in Accra, the White House’s mixed messages on technology tariffs are more than just clickbait. In particular, they would threaten our...

DeFi for All? 'Bartender's' Promise and Africa's Digital Divide

DeFi for All? 'Bartender's' Promise and Africa's Digital Divide

Margarita Finance’s “Bartender,” an AI-powered investment assistant that helps you navigate and maximize your ROI in DeFi, seems amazing. The promise? Democratizing finance, just like ordering a cocktail. Can an advanced AI really close the gap of the digital divide, at least in a continent like Africa? Instant cross-chain swaps...

Crypto Regulation Pause A Chance For African Innovation, Not Just Relief

Crypto Regulation Pause A Chance For African Innovation, Not Just Relief

The 60-day pause in the multi-state lawsuit against the SEC is more than that. It stands to be a launchpad for bottom-up, African-led innovation in the crypto space. Large, coastal US states are winning the fight against regulatory overreach. African countries hold greater agency than ever before to define their...

Trump's Crypto Move A Trade-Off Africa Can't Afford To Ignore

Trump's Crypto Move A Trade-Off Africa Can't Afford To Ignore

Africa stands at a crossroads. Decentralized finance (DeFi) dazzles with many glitz and glamour. It provides financial inclusion for the unbanked, lower remittance costs, as well as innovative new investment opportunities. It’s tempting. Unfortunately, Trump’s recent decision to revoke the IRS rule has broadened the definition of a broker to...

Garlinghouse's Bitcoin Bet: Is $200K a Boon or Bubble for Africa?

Garlinghouse's Bitcoin Bet: Is $200K a Boon or Bubble for Africa?

According to Brad Garlinghouse, Ripple’s CEO, $200,000 Bitcoin is “not unreasonable.” Alright, Brad, so what does that translate to in the real world. Africa is at a tipping point between remarkable promise and profound peril. Skip the code analysis and the extra crypto speak, though—now, onto making a real-world impact....

Trump's Bitcoin Pause? Why Freedom-Focused Africa Should Still Care

Trump's Bitcoin Pause? Why Freedom-Focused Africa Should Still Care

I remember as a kid growing up in Accra, how difficult it was for my grandmother to send money to her sister in Kumasi. The fees were exorbitant, the process cumbersome, and the exchange rates—well let’s just say they weren’t in her favor. In the process, she lost a large...

The Uncomfortable Truth About Crypto Finance's Promise For Africa

The Uncomfortable Truth About Crypto Finance's Promise For Africa

We're constantly bombarded with stories of crypto's potential to revolutionize Africa. Financial inclusion! Economic empowerment! Freedom from corrupt systems! The story is beguiling, offering a digital El Dorado to a continent historically ravaged by economic marginalization. Is it truly a promised land, or just a mirage shimmering in the desert...

Trump's Tariffs A Threat Or Wake-Up Call? Africa's Crypto Future Hangs In The Balance

Trump's Tariffs A Threat Or Wake-Up Call? Africa's Crypto Future Hangs In The Balance

Is the America First policy going to place Africa last? We all saw Bitcoin stumble, dropping over 2% and briefly hitting $83,482. Ethereum dipped, altcoins wobbled, and the culprit? We’re particularly interested in the China-focused tariffs. While Wall Street shrugs, I'm looking further afield – to Africa, where crypto isn't...

DeFi vs CeFi: Africa's $19B Choice Between Freedom and Risk

DeFi vs CeFi: Africa's $19B Choice Between Freedom and Risk

The numbers don't lie: DeFi lending hit $19 billion, dwarfing CeFi. Let’s put away the victory lap on the tarmac for a moment. As the rest of the crypto world delights in its victories, Africa stands at a vital crossroads. With a mind-boggling $19 billion on the line, the continent...