Author: Louis Dike
Louis Dike is the Publisher of Coinafrica, leveraging years of experience driving growth for global exchanges like Bybit, Bitget, and VTrader across Africa. A former Binance Tutor, he now channels his expertise into clear, insightful reporting that amplifies Africa’s voice in the global Web3 economy.
Ethiopia took the spotlight in Africa’s crypto scene as Ethiopian Blockchain Week 2025 (EBW 2025) unfolded from September 6–7 in Addis Ababa. Positioned as the country’s premier blockchain conference, the event drew thousands of participants eager to explore the future of Bitcoin mining, Web3, DeFi, NFTs, and digital innovation. With venues at Eliana Mall, Piazza Wawel Street, and the Addis Ababa Science Museum, EBW 2025 combined global blockchain expertise with Ethiopia’s growing interest in digital transformation. Key Highlights of EBW 2025 Meanwhile: Sub-Saharan Africa’s Crypto Adoption Grew 52% in 2025, Driven by Payments and Remittances Global Sponsors & Local Organizers…
South Africa’s crypto market is entering a new chapter as the South African Revenue Service (SARS) ramps up efforts to track and collect taxes from digital asset investors. This week, officials confirmed that the agency has doubled the number of staff dedicated to crypto tax oversight. Alongside this expansion, SARS is deploying artificial intelligence tools to detect and investigate potential cases of tax evasion. The move reflects a growing commitment to regulate Africa’s most advanced crypto economy. South Africa is home to leading exchanges such as VALR and Luno, as well as one of the continent’s largest retail investor bases.…
Stablecoins Power 43% of Crypto Transactions in Sub-Saharan Africa, Businesses Embrace Utility
Stablecoins now account for 43% of all cryptocurrency transactions in Sub-Saharan Africa, according to recent reports. This marks a significant shift from speculation toward real-world utility. Businesses across Nigeria, South Africa, and Ghana are turning to stablecoins for payroll, supplier settlements, treasury management, and remittance services. By sidestepping volatile FX markets, stablecoins offer stability, speed, and lower costs compared to traditional banking channels. See related Post: RLUSD Stablecoin Expands Into Africa Through Chipper Cash, VALR, and Yellow Card Why It Matters for Africa:
Sub-Saharan Africa’s Crypto Adoption Grew 52% in 2025, Driven by Payments and Remittances
Crypto adoption in Sub-Saharan Africa surged 52% year-over-year to June 2025, according to new data. This growth highlights how digital assets are increasingly powering cross-border remittances, merchant payments, and access to dollar-denominated savings. Nigeria, Kenya, Ghana, and South Africa continue to lead the charge, with grassroots adoption driving transaction volumes despite regulatory uncertainties. Platforms like Binance P2P, Yellow Card, and local startups are central to this growth story. Key Drivers:
Ripple has officially expanded its RLUSD stablecoin into African markets, marking a significant step forward in the continent’s financial future. Launching with a market cap of over $700 million, RLUSD is already positioning itself as a compliance-first alternative to Tether’s USDT. Ripple is partnering with African fintech leaders, including Chipper Cash, VALR, and Yellow Card, leveraging their networks to distribute their stablecoin across key markets. This integration could redefine cross-border payments, remittances, and business treasury management in regions where stablecoins already power millions in daily transactions. Why It Matters:
Interpol’s “Serengeti 2.0” operation has resulted in the arrest of over 1,200 suspects across multiple African countries, marking the largest coordinated Africa crypto crime crackdown in history. Authorities report that suspects were involved in illegal crypto mining farms, scams, and ransomware schemes targeting individuals and businesses. The crackdown underscores Africa’s crypto paradox: while the continent is a leader in grassroots adoption, it is also vulnerable to fraud due to weak consumer protections and limited regulation. See more related: Nigeria’s EFCC and SIBAN Sound Alarm on Rising Crypto Fraud Experts warn that without stronger frameworks, criminal networks could undermine the legitimacy…