Steem and its usage in Africa.

Over the past years, steemit has gathered enough able men and women from all stretch of Africa with great talents. It has proven to the world the many wonderful and its significance on the land of many African countries including Ghana and Nigeria. It has made it very possible for many steem users in African countries to make exchanges from steem into their local currencies without stress. Others would even prefer to make steem deposit vis their mobile money wallets. It is seen as one of the fastest-growing financial ventures that people patronize most.

Now the big question remains. How would financial institutions like banks and savings and loans survive when people make mobile money their major and trusted avenues where they keep monies. It possibly will increase their activities to the expense of what the banks do in some of these African countries. It is a known fact that Ghanaians make use of mobile money services like MTN momo for the various benefits they get which banks wouldn't provide.

Steemians in Ghana and Nigeria have contributed hugely to the growth of MTN mobile money during the period when steem transactions were mostly made into their currencies via this service. I believe there is a lot more to be done if these Telcos in Africa partner so well with cryptocurrencies like steem. It is an activity that we look forward to seeing have grounds in Africa. Steem is in this way making Africa its place to change the lives of people which sounds really good. Africans must rise up in making steemit their home to share with others. It is a new technology.