The knowledge and increased usage in bitcoin and block chain technology on the African continent can only lead to the creation of more businesses surrounding this key cryptocurrency which has properties of technology, commodity and currency. It is therefore little surprise that Africans on the continent and in the diaspora are building startups around bitcoin that will solve the many challenges ...
Bitcoin is flying everywhere in Europe and America but not so in Africa. Fortunately, it is gathering momentum here in Ghana, and Ghanaians are likely to be the number one “Bitcoin-Nation” in Africa because there are brilliant advocates, though they are few, who are trying their best to ensure that Bitcoin becomes a reliable medium of exchange as far as market is concerned. The cheetahs of Gha...
The newsbtc Africa team unveiled its new structure in its General meeting on 28th August 2015. The African team, which initially operated on a West, East and South African basis has now unified as one family of bitcoin enthusiasts. A franchise agreement was signed taking all regions as one team. The Executive Director, Sam Yohannes is confident that this move will go a long way in fulfilling the O...
Currencies in West Africa have been experiencing severe shocks for the past six months and have gone on a downward spiral. The Ghanaian cedi alone has depreciated by some 21% or 41% (depending on the source you pick for the statistics) since the beginning of the year 2015. Other currencies in the region have also taken a downward trend. This has caused major international trading curr...