Efforts underway to digitize trade in Africa with blockchain, stablecoins

2025-11-18 09:16

Chido Munyati, head of Africa at the World Economic Forum, said in a statement that outdated payments and documents are a significant obstacle for African trade, one that he hopes digitization can solve. origin »

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africa trade significant documents obstacle payments outdated

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Источник: cointelegraph.com

africa trade → Результатов: 46

Africa Embraces Stablecoins Via IOTA to Unlock $70B Pan-Continent Trade Tech

Formed in partnership with the Tony Blair Institute and the WEF, the initiative aims to overhaul trade with USDT payments across 55 African nations.

2025-11-17 15:00	News
trade initiative aims wef institute overhaul usdt

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BRICS considering a stablecoin launch for international trade settlement

BRICS member nations plan to launch a stablecoin as an alternative to the US dollar for settling cross-border transactions. BRICS pushes de-dollarization with stablecoins The bloc, which includes Brazil, Russia, China, India, South Africa, UAE, Iran, Ethiopia, and Egypt, has debated using virtual assets for global settlement for a while.

2024-4-24 21:48
brics de-dollarization launch settlement stablecoin china ethiopia

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VALR appoints Ben Caselin as CMO for global expansion

VALR, Africa's leading crypto exchange by trade volume, has named Ben Caselin as its chief marketing officer (CMO)

2023-11-28 22:26	trading
cmo valr caselin ben volume named marketing

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Russia will use Chinese yuan for transactions, avoiding sanctions

A shift in the digital currency environment may occur due to Russia's latest decision to utilize the Chinese yuan instead of the U.S. dollar in trade settlements with nations in Asia, Africa, and South America.

2023-3-22 14:59	Yuan
yuan russia chinese trade dollar instead utilize

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eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary

Geopolitical Analyst Nick Giambruno called Nigeria’s eNaira project a “massive failure” while saying the outcome has not been “what the elites hoped for.” The eNaira launched on October 25, 2021, with President Muhammadu Buhari saying Africa’s first Central Bank Digital Currency (CBDC) would “increase remittances, foster cross-border trade, improve financial inclusion and enable the government […] The post eNaira CBDC ‘a massive failure’ despite Nigerian central bank’s claims to the contrary appeared first on CryptoSlate.

2022-11-3 18:36	CBDCs
enaira bank cbdc central massive failure saying

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The African Continental Free Trade Agreement Can Succeed With Bitcoin

The AfCFTA is an intra-African trade agreement that offers opportunities to bring prosperity to Africa with the potential adoption of bitcoin.

2022-5-5 01:30
bitcoin agreement trade opportunities bring africa adoption

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Solana-Based Secretum Explores Growing Its Presence In Asia And Africa

Secretum, a Solana-based decentralized messaging app is exploring the growing market in Asia and Africa. The platform was created to allow users to exchange messages and trade cryptocurrencies as easily as sending an SMS.

2021-12-28 19:40	Press Release
africa solana-based asia secretum growing messages exchange

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Financial Sector Conduct Authority in South Africa To Provide Regulatory Clarity in 2022

South Africans can expect more clarity surrounding how to trade major cryptocurrencies in 2022, as FSCA seeks to protect retail investors from scams. The post Financial Sector Conduct Authority in South Africa To Provide Regulatory Clarity in 2022 appeared first on BeInCrypto.

2021-12-13 15:30
south clarity 2022 financial authority regulatory sector

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Africa: Experts believe a common crypto can boost trade & aid economic recovery

Africa for long has been a significant contributor towards innovation and adoption in the cryptocurrency sector. With several African countries ranking high on adoption indexes, digital assets have emThe post Africa: Experts believe a common crypto can boost trade & aid economic recovery appeared first on AMBCrypto.

2021-12-7 03:30	News
africa aid economic recovery trade adoption believe

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Afrostar: Providing trade and investment solutions to Africa

Afrostar, a cryptocurrency that will provide trade and investment solutions in Africa. A crypto token that is designed to provide solutions to the African continent and beyond has been Afrostar, thThe post Afrostar: Providing trade and investment solutions to Africa appeared first on AMBCrypto.

2021-11-23 17:15	No Index
solutions afrostar africa trade investment provide providing

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Coinovy Forms a Strategic Partnership With UABA

Digital finances app Coinovy, whose unlimited wallets allow you to trade, receive, send, earn and borrow cryptocurrency assets. Is proud to announce its strategic partnership with United Africa Blockchain Association (UABA), a non-profit organization promoting blockchain technology throughout Africa.

2021-10-20 20:00
blockchain coinovy uaba africa strategic partnership assets

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Ghana's vice president declares Africa should embrace digital currencies

Digital currencies are primed to reinvent trade between African countries.

2021-7-29 02:01	Central Bank
digital currencies primed african countries between trade

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Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area

The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed “Pan-African Payment and Settlement System (PAPSS).

2021-7-13 12:30
free continental african trade africa area day

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How African Users Can Buy and Trade Bitcoin Cash Without Facing KYC or Geoblocking Hurdles

Africa remains the home to a large proportion of the world’s population that is unbanked according to a 2017 World Bank Global Index survey. Many of those who are unbanked cite their lack of official identification particulars as one of the main reasons for their predicament.

2021-4-14 21:15	Zimbabwe
world unbanked survey many global according 2017

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P2P Bitcoin Trade Volumes Surge in Kenya and Ghana but Nigeria Still Dominates

According to new data, peer-to-peer (P2P) bitcoin trade volumes in Kenya and Ghana surged in Q1 of 2021, with the two countries now ranked second and third respectively. On the other hand, volumes in South Africa, which occupied second place in 2020, dropped marginally.

2021-4-12 15:30
volumes trade second p2p ghana kenya bitcoin

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Binance Abruptly Delists South African Rand Trading Pairs After Currency Fails to Meet ‘High Level Standard’

In an abrupt move, Binance South Africa announced on March 31 that all South African rand (ZAR) trading pairs will be delisted on April 2. The crypto exchange adds in a statement that “all trade orders will be automatically removed after 10.

2021-4-2 09:30
south pairs binance all african rand trading

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The Dawn of International Bitcoin Trade

After a decade of launching, bitcoin may well be starting to serve the cash function at some scale across the world for global trade. For countries like South Africa for...

2020-9-23 15:02	Finance
trade bitcoin across scale world countries africa

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Africa Posts Triple-Digit P2P Volume Gains in Three Months

Sub-saharan Africa now represents more than $15 million in combined weekly peer-to-peer trade following triple-digit growth over just a few months.

2020-7-1 04:17	Business
africa months triple-digit peer-to-peer weekly combined trade

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African Bitcoin Trading Volume Breaks 2017’s Record Ahead of Halving

Peer-to-peer Bitcoin trade in Sub-Saharan Africa has rallied, surpassing the previous combined volume record posted at the heights of 2017’s rally.

2020-5-7 16:01	Business
2017 record volume bitcoin previous surpassing rallied

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Nigeria Becomes Eighth African Nation to Welcome Bitcoin ATMs

Despite having the largest Bitcoin trade volume in Africa, Nigeria is the eighth country in the continent to welcome a Bitcoin ATM

2020-4-2 22:00
bitcoin nigeria welcome eighth atm continent africa

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Etoro Looking To Launch Its Own Debit Card and Expand Its Services in 2020

eToro, the popular trading platforms which allow users to trade traditional shares as well as crypto assets is planning to launch their debit card services in 2020. The trading platform is also looking to expand their service base in the United States, Hong Kong and Africa.

2020-1-16 19:03	etoro
launch trading etoro 2020 looking debit card

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China Plays Blockchain Ace in Trade War, Leaving the United States Stranded

The ongoing trade war between the U. S. and China may well be playing into the Socialist Republics’ hands. Having decoupled from its largest trade partner, Chinese enterprises are exploring more lucrative options in the Middle East and Africa with a basis in blockchain technology to help boost their self-sufficiency.

2019-11-21 04:15	United States of America
trade china war blockchain states stranded partner

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Ex-CEO of Google Africa: Bitcoin a ‘Gift’ That Will Change Humanity

Ex-CEO of Google Africa and WeWork South Africa GM Stafford Masie has argued that Bitcoin will revolutionize global trade

2019-10-18 11:01	Google
africa ex-ceo bitcoin google argued masie revolutionize

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Xago launches Ripple (XRP) only exchange for South Africa

Xago launches Ripple (XRP) only exchange for South Africa - CryptoNinjas Xago, a Cape Town-based blockchain startup company, announced today the launch of its Ripple (XRP) gateway and custom-built exchange for South Africa.

2019-10-9 20:16	ripple
xrp exchange xago africa south ripple launches

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Marco Polo’s, R3 Corda, Welcomes MasterCard To Its Consortium To Boost Global Trade Via Blockchain

Marco Polo, the parent company to R3 Corda, is welcoming its third partner in as many weeks, as MasterCard joins its vast network. In August, the largest bank in Africa, South Africa’s Standard Bank, and Logwin AG, a logistics company joined the R3 Corda blockchain platform too. MasterCard Joins Marco Polo In an official press […]

2019-9-5 17:21	Announcements
marco mastercard polo corda company joins bank

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Are Tron & Justin Sun Playing a Sneaky Game of 4-D Chess?

According to CNBC Africa’s Ran NeuNer, TRON CEO Justin Sun was forbidden to take part in the Warren Buffett lunch due to the ongoing trade tensions between China and the United States. The unnamed source claims the Chinese government found Sun’s promotion of the lunch “provocative” and suggests it won’t take place at all.

2019-7-28 18:51	Tron
sun justin tron playing take lunch sneaky

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With A Free Trade Deal, Ripple and xRapid Can Change Africa’s Fortunes

With a Free Trade Deal, Ripple and xRapid could be of use for African countries in ECOWAS. With collaboration, XRP can be a liquidity provider. The post With A Free Trade Deal, Ripple and xRapid Can Change Africa’s Fortunes appeared first on Ethereum World News.

2019-7-18 16:00	XRAPID
xrapid ripple free trade deal fortunes africa

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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?

Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet.

2019-6-1 21:48	Op-ed
bitcoin africa adoption money mobile services population

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CoinCola’s P2P bitcoin exchange with gift cards now available

CryptoNinjas Coincola, a Hong Kong bitcoin and cryptocurrency OTC marketplace and exchange announced that its P2P service with gift cards is now available. The new feature allowing users to trade bitcoin with a gift card was added recently to fulfill a highly desired request from users in Africa.

2019-5-28 11:06
bitcoin gift users coincola available cards p2p

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iCE3X Crypto Exchange In South Africa Adds Support For Ripple (XRP) With ZAR Trading Pair

South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR).

2019-5-3 22:40	Ripple (XRP)
xrp support ripple ice3x south adds exchange

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South Africa’s first legal online rhino horn auction totally failed

Private rhino horn owner John Hume, held South Africa’s first online rhino horn auction during 2017, a major event in the ongoing fight by private rhino owners to be able to sell legal horn stocks.

2019-4-24 19:09	World
horn rhino legal hume south statement private

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Paxful Introduces AI-Powered, Biometric Verification to Improve KYC and AML

The peer-to-peer bitcoin marketplace Paxful announced today, April 2, 2019, that it’s introducing AI-powered identity verification to help improve know-your-customer (KYC) and anti-money laundering (AML) procedures on the platform.

2019-4-3 21:13	Regulation
verification paxful kyc youssef fraud jumio users

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Launch of HYBSE Lesotho New Stock Exchange

Lesotho, South Africa, March 20, 2019 – HYBSE Lesotho (PTY) Ltd. (HYBSE) has launched its exchange today, which allows traders to exchange and trade all financial instruments on a distributed ledger technology (DLT).

2019-3-22 10:21	Press releases
hybse exchange lesotho dlt distributed financial central

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Launch of HYBSE Lesotho

Lesotho, South Africa, March 21 2019 – HYBSE Lesotho (PTY) Ltd. (HYBSE) has launched its exchange today, which allows traders to exchange and trade all financial instruments on a distributed ledger technology (DLT).

2019-3-21 17:38
hybse lesotho dlt launch exchange doing speed

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South Africa's Standard Bank To Use Blockchain Tech To Facilitate Overseas Trade

The bank also wants to use the platform to extend its business into China.

2019-3-1 21:08	business and finance
bank use platform wants china extend business

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Report: Crypto Exchanges Saw Trading Volumes Plummet in January

The crypto winter that started toward the end of last year doesn’t appear to be showing signs of slowing down. Digital assets like bitcoin lost more than 80 percent of their value while the overall crypto market cap shrunk from over $600 billion in January 2018 to less than $138 billion in December 2018.

2019-2-15 20:17	Investing
volumes trading january crypto billion exchanges market

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Iran in Crypto Talks with Germany, England, France, Switzerland

Iran is holding talks with major European nations as well as Russia, South Africa and Bosnia on carrying trade through crypto transactions according to a very brief report by the... The post Iran in Crypto Talks with Germany, England, France, Switzerland appeared first on Trustnodes.

2019-1-30 19:39	Politics
crypto talks iran switzerland france england germany

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Africa Dominates Trade Volume on P2P Bitcoin Exchange Paxful

Paxful Inc. , a peer-to-peer bitcoin exchange, is seeing significant growth in Africa. The U. S. -based company said Africans now accounted for the largest number of people buying and selling cryptocurrency on its platform, with average monthly transactions totaling $64.

2018-11-2 05:45	Zimbabwe
exchange africa bitcoin cryptocurrency paxful p2p volume

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Cryptocurrency That Works Without Internet, mCoin Launches In Africa

London-based ONEm Communications has announced the launch of its mCoin program across Africa. Designed to be a hybrid currency, mCoin is a digital currency that can be transferred over text or through the smartphone app.

2018-9-25 21:26	Adoption & community
mcoin wallet users africa sms onem mobile

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Cryptocurrencies Finding Fertile Soil to Flourish in Africa

Since the rise of cryptocurrencies, they have been looked at as a way not only to maintain trade but also to keep assets out of harm’s way. That has been especially true in highly conflict-prone countries and places with unstable economies.

2018-9-21 00:49	Cryptocurrency
cryptocurrencies countries way flourish soil fertile finding

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Elephant tusk DNA may hold the key to stiffer penalties for poachers

A study published Wednesday in Science Advances detailed a creative approach to stopping the illegal ivory trade. While our awareness of the problem has grown in recent years, it hasn’t slowed demand.

2018-9-20 03:16	World
ivory elephants illegal 2011 trade 2012 detail

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$1 Trillion Boost In Trade Finance Via Blockchain: World Economic Forum

Blockchain can transform the supply chain. By using blockchain, small- and medium-size businesses (SMEs) around the world can obtain $1 trillion in trade financing, according to Sept. 13 whitepaper by World Economic Forum and consulting firm Bain & Co.

2018-9-15 23:00
trade world blockchain trillion finance economic especially

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How Blockchain Promotes International Trade, Identity and Financial Inclusion

International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association.

2018-7-31 19:50	Adoption & community
blockchain people chivunga world identity global trade

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Bithumb confirms reward payout error after abnormal Bitcoin trades

The South Korean exchange said an internal error during a promotional event led to brief price dislocations, stressing that no customer assets were lost.

Bitcoin dips to $60K, TRM Labs becomes crypto unicorn: Finance Redefined

Bitcoin dipped toward $60,000 after liquidations across crypto derivatives markets reached $2.56 billion, the 10th-largest daily total on record.

Price predictions 2/6: BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE, XMR

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China bans stablecoin and RWA issuance by foreign and domestic companies

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Galaxy approves up to $200M buyback of Class A shares

The 12-month buyback authorization comes as Galaxy’s shares and other crypto-linked stocks have declined alongside Bitcoin.

Bitcoin beats FTX, COVID-19 crash with record dive below 200-day trend line

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2025-11-18 09:16

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