A DeFi-stack designed for the wants and needs of Africa.
A DeFi-stack designed for the wants and needs of Africa.
We work with the best, to create the best solutions for the worlds largest growing economy
Why Africa?
banking the unbanked
Approximately 57%* of the population in Africa, around 95 million people, do not have a traditional bank account. This is due to multiple reasons such as lack of formal ID, but with specific crypto products we can give these 95m (plus the additional 270m globally) an opportunity to invest in their own future
*Source: Worldbank.org
adoption to the moon
Cryptocurrency adoption in Africa grew 1200% between July 2020 and June 2021, making it the fastest adoption rate in the world.
Markets like Kenya, Nigeria, South Africa, and Tanzania had some of the highest grass-roots adoptions in the world and ranked in the top 20 Global Crypto Adoption Index.
*Source: World Economic Forum
10x GDP
If Africa sustains and accelerates structural reforms, some believe the continent can emulate China’s rapid rise of the last 50 years.
Africa will have 24 million more people, on average, living in its cities each year between 2015 and 2045 – more than India and China combined
*Source: World Economic Forum
market ready for change
Research carried out by Deloitte on leveraging digital in financial services in Africa shows the continent is crying out for disruption.
The financial industry is at a tipping point: advancements in technology and increased uptake of mobile have seen the sector increasingly move to a world beyond cash.
mobile first continent
By the end of 2020, 495 million people subscribed to mobile services in Sub-Saharan Africa, representing 46% of the region’s population – an increase of almost 20 million on 2019.
*Source: GSMA
innovation at its core
With twitter setting up a HQ and unicorns appearing across, innovation geared towards technology is bustling.
"The digital industrial revolution provides a golden opportunity for the continent to realize its immense potential for tech startups"
- Boston Consulting Group Oct 21
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