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Ghana – Page 6 – DIGIT INFO

Pushing the Boundaries of Economic Change: Bitcoin as a Medium of Exchange in Africa

Bitcoin is pushing the boundaries of economic change in Africa. In East Africa, a new deal between digital currency exchange Bitpesa and a Japanese firm shows Kenyans are using bitcoin to pay for used Japanese cars, cosmetics and electrical gadgets. In Nigeria, Sure Remit is helping make cash transfers cheaper and in Zimbabwe, TV subscriptions, … Read more

Poor Internet Access Could Slow Down Cryptocurrency Growth In Africa

Africa is often lauded as the next big thing for cryptocurrency adoption and development. But could poor internet access and connectivity slow down progress? A new report by the International Telecommunications Union (ITU) shows that it will cost $450 billion to connect 1.5 billion people – most of them in Africa – to the internet. … Read more

African Holding Company VP Urges Central Bank to Buy Bitcoin and Ditch Dollar

Concerned about the US dollar’s predicted drop in value, and many African countries relying on USD cash reserves, vice president of Groupe Nduom, a leading financial holding company, Papa-Wassa Chiefy Nduom, has taken to Linkedin and Twitter to make the case for less reliance on greenbacks and more investment in bitcoin.    Also read: Jimmy … Read more

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