RATE Group | Young Africans Are Driving Cryptocurrency Development on the Continent
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Young Africans Are Driving Cryptocurrency Development on the Continent

Young Africans Are Driving Cryptocurrency Development on the Continent

May 01, 2020 at 14:37 // News

Africa embraces cryptocurrency

Cryptocurrency and blockchain technology is taking root in Africa’s financial realm. The continent’s youth remains the frontrunners of development.


The continent with at least two-thirds young people seems to be committed to embracing digital currencies and blockchain technology. Apparently, the continent still lags a little behind in terms of cryptocurrency and blockchain technology development, with just Nigeria, Ghana, Zimbabwe, and a bunch of other countries exploring it.


However, the continent’s largely young population is doing everything they can to forge a transition from a traditional centralized, bureaucratic and unfair financial system to a more decentralized, fair and transparent one. Although a 2018 Deloitte research report that listed top ten young Africans…

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