Quidax CEO Urges Global Crypto Community: Partner With Africa Now!
Buchi Okoro, CEO of Quidax, has called on the global crypto community to collaborate with local African innovators. Speaking at a recent conference, Okoro urged international players to view Africa as a partner, not just a market, in shaping the global crypto future.
Okoro's appeal comes as Nigeria ranks second worldwide in crypto adoption, with other African countries also in the top 30. He believes that crypto offers a lifeline from inflation, high remittance costs, and financial exclusion for many Africans. Okoro sees crypto in Africa as an opportunity for freedom and transformation, not just hype.
He praised major international crypto players like Ripple for actively partnering with local African innovators such as Chipper Cash, VALR, and Yellow Card. These collaborations aim to expand stablecoin usage and decentralized finance solutions on the continent. Okoro believes that such strategic partnerships are key to connecting Africa to the rest of the world and building its future.
Okoro's call for collaboration comes at a time when sub-Saharan Africa leads globally in DeFi adoption due to limited access to traditional financial services. By working together, global stakeholders and local builders can unlock Africa's potential in the decentralized economy.
Read also:
- Minimal Essential Synthetic Intelligences Enterprise: Essential Minimum Agents
- Tesla is reportedly staying away from the solid-state battery trend, as suggested by indications from CATL and Panasonic.
- UK automaker, Jaguar Land Rover, to commit £500 million for electric vehicle manufacturing in Merseyside
- Fast-food chain Subway joins the trend of plant-based alternatives, introducing a Beyond Meat meatball sub.