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Africa

(Dale Kaminski/Getty Images)
Technology
Analysis
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
(Dale Kaminski/Getty Images)
By Eliza Gkritsi
May 9, 2023 at 2:51 p.m. UTC
May 9, 2023
AnalysisAfricaLightning NetworkBitcoinOrdinalsOrdinals protocol
Nairobi (Amani Nation/Unsplash)
Policy
Regulations
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.
Nairobi (Amani Nation/Unsplash)
By Amitoj Singh
May 5, 2023 at 12:20 a.m. UTC
May 5, 2023
RegulationsKenyaFinanceTreasuryAfricaTaxCrypto
(Ivan Bajic/GettyImages)
Finance
Opinion
Crypto Innovation and Regulation Should Be Partners, Not Adversaries
Developers are flourishing elsewhere amid strident relationships with U.S. regulators.
(Ivan Bajic/GettyImages)
By Glenn WilliamsNick Baker
May 3, 2023 at 3:35 p.m. UTC
May 3, 2023
OpinionCrypto Long & ShortNewslettersInnovationRegulationdeveloperDevelopersAsiaAfrica
Money Reimagined Podcast Cover
Podcasts
Money reimagined
The Solution to Poverty Is Prosperity, With Magatte Wade
While African countries embrace emerging and innovative technologies, the U.S. appears to be applying the brakes in an unexpected manner.
Money Reimagined Podcast Cover
By Sheila Warren
Apr 28, 2023 at 5:11 p.m. UTC
Apr 28, 2023
Money ReimaginedAfrica
Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)
Policy
Zimbabwe
Zimbabwe to Introduce Gold-Backed Digital Currency: Report
The country's central bank wants people to be able to exchange Zimbabwe dollars for the gold-backed token so that they can hedge against the currency's volatility.
Zimbabwe will introduce a gold-backed digital token as legal tender. (Camomile Shumba/CoinDesk)
By Camomile Shumba
Apr 24, 2023 at 9:23 a.m. UTC
Apr 24, 2023
ZimbabweCBDCGoldAfricaU.S. Dollar
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Video
Cdtv
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half the population doesn’t have sma...
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
By CoinDesk Inc
Apr 18, 2023 at 8:11 p.m. UTC
Apr 18, 2023
cdtvaab clipAfricaMachankuraKgothatso ngakoCrypto projects 23
Gridless Bringing Bitcoin Mining to Rural Africa
Video
Bitcoin mining
Gridless Bringing Bitcoin Mining to Rural Africa
As part of CoinDesk's Projects to Watch 2023, "The Hash" panel highlights the significance of bitcoin mining firm Gridless extending power to rural Africa.
Gridless Bringing Bitcoin Mining to Rural Africa
By CoinDesk Inc
Apr 17, 2023 at 5:05 p.m. UTC
Apr 17, 2023
Bitcoin MiningcdtvHash clipAfricaGridlessCrypto projects 23
(Rachel Sun/CoinDesk)
Consensus Magazine
Fedimint
Fedi Gives Bitcoiners a Community Custody Option
For most people, crypto custody comes down to the choice of holding their own keys or giving them to an exchange. Fedi offers an intriguing third way – to share the burden wit...
(Rachel Sun/CoinDesk)
By Anna Baydakova
Apr 17, 2023 at 12:13 p.m. UTC
Apr 17, 2023
FedimintBitcoinSelf custodyAfricaCrypto projects 23
(Rachel Sun/CoinDesk)
Consensus Magazine
Africa
Gridless Is Extending Power to Rural Africa
Bitcoin mining has a dirty reputation for using more energy than some small countries. But African cryptominers have found a way to use their consumption to keep the lights on...
(Rachel Sun/CoinDesk)
By George Kaloudis
Apr 17, 2023 at 12:10 p.m. UTC
Apr 17, 2023
AfricaMiningBitcoinCrypto projects 23Mining Week 2023
(Rachel Sun/CoinDesk)
Consensus Magazine
Africa
Machankura Lets Africans Use Bitcoin With Basic Mobile Phones
Bitcoin maximalist Kgothatso Ngako has brought global digital financial services to Kenya, South Africa and other countries where at least half of the population doesn’t have...
(Rachel Sun/CoinDesk)
By Frederick Munawa
Apr 17, 2023 at 12:10 p.m. UTC
Apr 17, 2023
AfricaBitcoinCrypto projects 23