One of the most common words used in the last few years is ‘Africa’s rising middleclass’. But what is the actual size of the continents middle class? Pundits argue that some major international corporations have already paid a heavy price for overestimating the actual size of Africa’s middle class. In the second half of 2015, … Continue reading The African Middle Class-Hype or Opportunity?
Stock and commodities exchanges on the African continent are often small or volatile. In the past few years, agricultural commodities exchanges that were set up in countries such as Zambia, Nigeria, Uganda, Kenya and Zimbabwe have needed financial revamping and repositioning whiles others have gone bust. Stock exchanges in the meanwhile on the African continent … Continue reading What it takes for an Inclusive African Stock/Commodities Exchanges
Bitcoin and blockchain technology has proven to be a great liberator which can democratize and simplify the way we handle business and money transactions all over the world. Especially for the continent of Africa, it is a key piece of currency/technology that we must continue to harness and propagate for the benefits of intra-African trade … Continue reading Bitcoin Springboards Dreams- A Great Means to an End
Many people may know Botswana as a state or province that is part of South Africa, for many years now there have been misconceptions towards this particular landlocked southern African country, that has a population of over 2.5million people. Botswana is popularly known for its largest diamond mine by the name Jwaneng Mine which is … Continue reading Bitcoin Voices From Botswana
The word ‘investments’ and several shades of the word such as invest, returns, holdings, share etc are thrown about in the business community and for good reasons. Investment is an important ritual for the growth of any organisation or institution. Profit-making business, Non-Governmental Organisations (NGOs), countries and even individuals need to invest in themselves to … Continue reading Will Bitcoin Popularity Spawn New Investments In Africa?
There is a difference between being rich and being wealthy, and when given an option to choose between riches and wealth, I hope everybody chooses the latter rather than the former. This is because being wealthy has an all-encompassing trait of not only having liquid and capital assets but also consists of having great … Continue reading Creating Wealth and Growth- A Bitcoin Paradigm
Years before the bitcoin idea was conceived by Satoshi, certain social vices and financial crimes were happening all over the world, crimes such as money laundering, drug trading, arms trafficking, the use of counterfeit money were all in existence. None of these social vices came about as a result of the advent of bitcoin. Such … Continue reading Before The Advent of Bitcoin, There Were Crimes
One financial practice that serves us well as we grow old is the habit of savings. It is imperative that one saves a little of whatever amount he or she makes from any economic venture that he or she is involved in. Savings is a good practice since one can never foretell what might happen … Continue reading The Poor Culture of Savings in Africa: Will Bitcoin Adoption encourage savings?
Block chain is a technology used by bitcoin to store data. Every transaction that is made in bitcoin creates a block which is then published into nodes. Several nodes or blocks make a block chain. Block chain technology most of the time requires developed infrastructure which is not very common in Africa, this therefore means … Continue reading Is the Blockchain a technological renaissance for Africa?
Africa as a continent has always struggled with availability of technological infrastructure and networks which would take the continent to the next level of development. Time is not static therefore, as time passes by, better and improved infrastructure and technology are being built in various parts of the world. Technological advancements and novelties coming out … Continue reading BIT-Frastructure: Establishing conditions for a robust bitcoin infrastructure and catalyzing inclusive growth in Africa.