A new change in Africa cypto market

in #busy7 years ago

Africa has become one of the major patronizers of crypto currency.
When btc was newly launched few people in Africa took it to them selves to invest greatly in btc.
Just recently [Venezuela] introduce the use of crypto currency in their oil industry called "el petrol"Africa have not be left out as well.
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crypto a raising of fund alternative in Africa
For so many years now Africa have been faced with the problem of raising of fund to satisfy and provide basic amenities for their citizens which is the major work of the president of each nation.
At the first instance Africa has always run to IMF example world bank to lend money for their country. But with the introduction of crypto currency in all the africa community will reduce the risk of accumulating funds from IMF.
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Some Asian countries are also considering crypto alternatives in the market jus like Japan.
Source
Conclusion
Just for easy access of all our daily needs the introduction of crypto in Africa market would be essential since it will reduce the risk of borrowing and increase the flexibility of our local market and international market.
It will lead to reduction in unemployment's and poverty.
Reference:
Google map
Wps.
All article was written with my phone.

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