Abstract
This chapter aims to explore the prospects of fintech, cryptocurrency and blockchain technology in promoting a digital Africa. The chapter explores three key drivers of the digital technologies in the region. These include the large population as well as high levels of mobile phone usage and internet penetration. We show that there has been a significant increase in the number of fintech and cryptocurrency startups since 2017, and this prospect provides an avenue for development and financial inclusion within the continent. The chapter also highlights some cybersecurity risks associated with digital technologies and the nature of the regulating environment of these technologies. Policy recommendations and suggestions for future research are outlined at the end of the chapter.
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Evans, O., Oni, O. (2022). Fintech, Cryptocurrency and Blockchain Technology: Towards Promoting a Digital Africa. In: Adeola, O., Edeh, J.N., Hinson, R.E. (eds) Digital Business in Africa. Palgrave Studies of Marketing in Emerging Economies. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-93499-6_9
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