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...
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...
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...
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...
Africa. A continent bursting with opportunity, but handcuffed by economic constraints that few in the West can even begin to understand. Imagine a future where corporate banking becomes the new normal. In here, the financial desert is the constant lived experience of all. This is the backdrop against which Tether's...
Stablecoins. The name alone beckons visions of stability amidst the turmoil of the crypto space. But perhaps they are not the financial liberator Africa needs, but rather just another gilded cage. Here's the uncomfortable truth: the answer isn't a simple yes or no. It's a question that demands we confront...
The prospects of DeFi are hard to resist, particularly when you think about how badly international remittance is going. This thematically familiar system is plagued by glacially slow processing times and exorbitant fees. It’s weighed down by so many intermediaries, it would sink a small town. Now, picture a world...
The MANTRA RWA Summit in Seoul: a gathering of minds, a confluence of capital, and a glimpse into a future where real-world assets dance on the blockchain. Put simply, that’s not going to work. Yet as Seoul thrives on the potential of deploying tokenized real estate and digitized securities, Africa’s...
Indeed, the worldwide DeFi market is expected to explode to $1.5 trillion by 2034. That's a mind-boggling figure. Let’s not kid ourselves; these figures sometimes seem like a million miles away, removed from the daily realities facing billions. We regularly hear about the promise of disruptive innovation. Does any of...
Is this Trump’s good-faith attempt to lead the innovation charge with his renewed embrace of crypto? Or is he just setting a devilishly clever snare, with Africa as the lure? We must begin by considering this major question. This is doubly true for those of us who want to see...
