From Remittance to Startups, How Bitcoin Is Used in Africa
Tuesday, May 3, 2016
Why? He said the continent of over a billion people has been underserved by financial institutions for such a long time.
Factors for Bitcoin use growth in Africa
Some of the factors he cited in this regard are the high cost of financial infrastructure, high fees compared to the average earnings, high cost of having a physical presence like ATMs, bank branches and remittance offices.