Africa’s blockchain adoption is surging, with the crypto market projected to reach $2.9 billion in 2025, driven by Nigeria, Ghana, Kenya, and South Africa. Sub-Saharan Africa recorded $125 billion in crypto transactions in 2024, while 33% of Nigerians invest in crypto despite regulatory hurdles.

Blockchain has significantly impacted financial transactions. In remittances, platforms like M-Pesa, processing $314 billion annually, lower transfer fees for Africa’s $48 billion remittance market. Banks adopting blockchain report a 30–40% drop in fraud. Exchanges such as Blockchain.com identify Nigeria as their fastest-growing market and are expanding into Ghana and Kenya.

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