Recently, @circle published a report revealing that cryptocurrency has made significant inroads into key African markets

Today we invite @yosephayele from @borderlessaf, to give us a quick overview of how #Web3 needs Africa to reach its full potential! 🌍

Key Takeaways: 🌍

• Africa is a continent consisting of 54 countries, with a population of 1.4 billion people, which is comparable to the size of China.


• Approximately 57% of Africans do not have access to a bank account, but 590 million Africans have internet access, with a year-over-year growth rate of 6%.


• The growth of crypto in Africa is not following a linear path; instead, it is experiencing exponential growth ⏫.


• Blockchain technology can help address various challenges, including payment delays, high fees, and network incompatibilities. 💡