Why We Host the Blockchain Africa Conference: A Catalyst for Change
The Blockchain Africa Conference serves as a dynamic platform to explore how blockchain can redefine financial inclusion, cross-border payments and remittances, identity management, health care and record-keeping, supply chain management, and environmental solutions across the continent while showcasing the groundbreaking innovations within the blockchain and cryptocurrency industries.
Why is Africa Ready for Blockchain Innovation?
A Young Continent Eager for Change
With 97% of Africa’s population under 65, the continent is brimming with youthful energy and a readiness to embrace new technologies. Coupled with expanding mobile and internet access, Africa is uniquely positioned to lead in blockchain adoption.
Regulatory Progress Paving the Way
Recent regulatory advancements in South Africa, Kenya, and Nigeria are crucial in building a stable and transparent blockchain ecosystem. Notably, South Africa’s issuance of over 100 crypto asset service provider licenses is enhancing the sector’s credibility and attracting further investment.
Tackling Financial Inclusion
Blockchain technology offers a lifeline for financial inclusion in Africa, where many people still lack access to traditional banking services. Stablecoins provide secure, accessible digital transactions and facilitate more efficient cross-border trade. Additionally, cryptocurrencies offer a hedge against inflation, protecting wealth in nations facing currency devaluation.
Growing Global Interest
Africa’s blockchain ecosystem is capturing global attention. According to the CV VC African Blockchain Report published in 2024, Africa’s share of global blockchain venture funding rose from 1.3% in 2023 to 1.8% in early 2024, reflecting increasing investor confidence in African blockchain ventures.
Leading in Awareness and Adoption
A recent report by ConsenSys highlighted that Nigeria and South Africa are among the most crypto-aware nations globally, with 99% and 98% of their populations, respectively, familiar with cryptocurrencies. This widespread awareness underscores Africa’s growing leadership in blockchain adoption.
Shaping Africa’s Blockchain Future
The Blockchain Africa Conference is a key driver in accelerating blockchain education and awareness across the continent. By uniting industry leaders and innovators, the conference plays a pivotal role in shaping the future of blockchain in Africa, promoting sustainable development, investment and economic growth.
For more insights, explore the CV VC African Blockchain Report, published in partnership with Absa Bank and NODO, which details the trends shaping Africa’s blockchain landscape.
Join us at Blockchain Africa Conference 2024 as we continue to champion innovation and leadership in this transformative space.
Tickets Available here.