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Africa Embraces Bitcoin: 110+ Businesses Onboard


by CoinEdition

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Bitcoin Adoption Surges in Africa with Significant Regional Growth
  • Bitcoin businesses in Africa increased by 16% in Q3 2024.
  • Nigeria leads in Bitcoin activity, with notable media, mining, business, and education organizations.
  • Sub-Saharan Africa remains the most active region, with strong West, East, and Southern African ecosystems.

Bitcoin adoption in Africa is surging, with over 110 businesses across 18 countries now actively using the cryptocurrency. An African Bitcoiners report shows a 16% increase in Bitcoin organizations established in Q3 2024 compared to Q2. Notably, Tanzania and Malawi joined the growing list of African nations with Bitcoin activity.

Nigeria leads the pack with the most diverse Bitcoin activity, encompassing media, mining, businesses, and educational initiatives. Examples include Bitcoin in Nigeria Media, Suga Mines, Bitdews Lagos, and Bitcoin Pidgin.

South Africa boasts a strong presence with business initiatives like Pick n Pay and community engagement projects like Bitcoin Stellenbosch. The Simply Sow Foundation strengthens S…

The post Africa Embraces Bitcoin: 110+ Businesses Onboard appeared first on Coin Edition.

Read the article at CoinEdition

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Africa Embraces Bitcoin: 110+ Businesses Onboard


by CoinEdition

Share:

Bitcoin Adoption Surges in Africa with Significant Regional Growth
  • Bitcoin businesses in Africa increased by 16% in Q3 2024.
  • Nigeria leads in Bitcoin activity, with notable media, mining, business, and education organizations.
  • Sub-Saharan Africa remains the most active region, with strong West, East, and Southern African ecosystems.

Bitcoin adoption in Africa is surging, with over 110 businesses across 18 countries now actively using the cryptocurrency. An African Bitcoiners report shows a 16% increase in Bitcoin organizations established in Q3 2024 compared to Q2. Notably, Tanzania and Malawi joined the growing list of African nations with Bitcoin activity.

Nigeria leads the pack with the most diverse Bitcoin activity, encompassing media, mining, businesses, and educational initiatives. Examples include Bitcoin in Nigeria Media, Suga Mines, Bitdews Lagos, and Bitcoin Pidgin.

South Africa boasts a strong presence with business initiatives like Pick n Pay and community engagement projects like Bitcoin Stellenbosch. The Simply Sow Foundation strengthens S…

The post Africa Embraces Bitcoin: 110+ Businesses Onboard appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 90.26K

-2.02%

$ 0.0154

-0.63%

$ 0.00...361

$ 0.00...050


Share:

In This News

Coins

$ 90.26K

-2.02%

$ 0.0154

-0.63%

$ 0.00...361

$ 0.00...050


Share:

Read More

Bitcoin (BTC) Retreats to $90K, Hyperliquid (HYPE) Plunges by 9% Daily: Market Watch

Bitcoin (BTC) Retreats to $90K, Hyperliquid (HYPE) Plunges by 9% Daily: Market Watch

The total cryptocurrency market capitalization slid to around $3.15 trillion.
SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange Boss Says

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Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn s...