Africa is leapfrogging traditional and legacy banking payments systems in use in much of the developed World through fast adoption of mobile and internet based technology. Cutting edge blockchain technology such as Bitcoin has great potential in creating efficiency and disrupting traditional mechanisms for international trade, resource management, and governance where current transaction costs are…
BitHub.Africa conducted a feasibility study on how Blockchain technology like Bitcoin could be harnessed to create new opportunities to solve problems in Africa. This was especially important given the recent decision by Kenyan Central Bank to issue a warning against Bitcoin. We surveyed 96 people who are already in the African Bitcoin Community using this form. What…
The co-founder of BitHub Africa John Karanja opened the World Blockchain Conference in Nairobi by providing insight into the history of blockchain in Kenya and Africa. Starting his journey into blockchain in 2014, he recalled the challenges faced while running a startup, Cloud Pesa, which worked with mobile money like M-Pesa. Their venture eventually ran…
The UNICEF Innovation Fund has determined that it is looking to make $50-90K equity-free investments to provide early stage (seed) finance to for-profit technology startups that have the potential to benefit humanity. BitHub Africa hosted the UNICEF InnovationFund Meetup on Saturday, 27 January 2018 at its space in Hurlingham. Ms. Ariam, the UNICEF Learning Lead…
The world of blockchain is a vast and exciting landscape, promising transformative solutions across industries. However, for Black founders and innovators, the path through this jungle can be fraught with challenges. This blog delves into the experiences of Sinclair, a Black entrepreneur navigating the complexities of building a blockchain startup in Zimbabwe. We’ll explore the…
BitHub Africa held the first Bitcoin Roundtable and Nyamachoma Barbecue targeting Techpreneurs & Startups on Saturday 18th March 2017 at the new Incubator in Nairobi. The event targeted entrepreneurs looking to use the Bitcoin blockchain as a network to develop or scale solutions. The topics and event speakers were as follows: The African Blockchain Opportunity –…
