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@aloftafrica
No one knows it all when it comes to cryptocurrencies and, to a larger extent, digital technology as a field to be explored. Hence, it is always a good idea to mingle with others to share in and learn from their discourses. Otherwise, it could have been easier to muzzle others’ initiatives and new ideas wouldn’t have flowed freely. (more…)
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Kenyans, Nigerians face-off on Twitter
Kenyans, Nigerians face-off on Twitter
A Twitter hashtag that reportedly sprang up following the first visit of Facebook’s founder to Africa could have implications for the control of social media in regions across Africa. (more…)
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Is Facebook losing its grip on Africa?
Is Facebook losing its grip on Africa?
Mark Zuckerberg’s visit to Africa may boost Facebook’s drive on the continent in the face of heightened criticism from users and competition from new decentralised platforms in other parts of the world. (more…)
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The downside to blockchain and bitcoin uptake in Africa
The downside to blockchain and bitcoin uptake in Africa
Some business leaders in Africa have reservations about the strength of blockchain technology as a means through which to increase the continent’s internet penetration. (more…)
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Startup pitches Bitcoin as solution to Zim economic hardship
Startup pitches Bitcoin as solution to Zim economic hardship
“Keeping it real, most African economies are still controlled by neocolonialism,” he says. “The West has more to say about African financial markets than the finance ministers of these African countries. World Bank, IMF along with large multinationals don’t fund serious research and development in Africa. So innovations like Bitcoin aren’t a priority to these powerful African influencers. It’s…
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Orange completes acquisition of mobile operator Airtel in Sierra Leone
Orange completes acquisition of mobile operator Airtel in Sierra Leone
Orange announces today that, together with its Senegal-based partner Sonatel, it has completed the acquisition of 100% of the mobile operator Airtel in Sierra Leone. Since the signature of an agreement with Bharti Airtel International (Netherlands) BV (“Airtel”) in January 2016, Orange has obtained all the official approbations necessary to complete this transaction. (more…)
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UN HRC: States commit to protect civil society space
UN HRC: States commit to protect civil society space
A crucial resolution gives practical guidance to states on how to ensure civil society space based on their existing commitments under international human rights law has been adopted at the UN Human Rights Council (HRC). Though 244 organisations from around the world jointly expressed their support for the international human rights standards which has over 60 cosponsoring States, some of the…
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Africa urged to smarten up on big data
Africa urged to smarten up on big data
Africa’s use of big data will yield more benefit if the continent focuses on smart data to address complex situations. (more…)
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Africa urged to smarten up on big data
Africa urged to smarten up on big data
Africa has the technical capacity to deliver on an AU (African Union) initiative to drive the development and adoption of a common African passport. (more…)
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Bitcoin Price Rises Sharply After the UK Votes to Leave the EU, Trading Volumes Big
Bitcoin Price Rises Sharply After the UK Votes to Leave the EU, Trading Volumes Big
The Bitcoin market has welcomed the outcome of the Brexit vote in the UK with open arms as the price of its currency soars following a falling trend in recent days. The price of Bitcoin dipped to as low as $583 just before the June 23 Brexit voting day – a sharp drop from its two-and-a-half year high of nearly $775 on June 17. However, after votes were cast, with a win for the Brexit supporters,…
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Complex Bitcoin Phishing Scheme Revealed - Cisco's OpenDNS Security Team
Complex Bitcoin Phishing Scheme Revealed – Cisco’s OpenDNS Security Team
Criminals have started staging phishing campaigns having discovered that Bitcoin can provide an easier way to steal, says Cisco’s OpenDNS security team after they revealed a complex phishing scheme aimed at collecting user credentials from various Bitcoin-related services. (more…)
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Ghana: First Comes Internet Security, Then Bitcoin
Ghana: First Comes Internet Security, Then Bitcoin
Ghana seeks to secure transactions on the Internet first and only then start a discussion on Bitcoin adoption. (more…)
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Blockchain Revolution: 3 African Startups to Watch in 2016
Blockchain Revolution: 3 African Startups to Watch in 2016
African blockchain-related startups will pitch new products at SWIFT African Regional Conference in Mauritius on May 18. Three African companies were selected by over one hundred judges from across the financial, technology, and investment communities. The total of 89 applications has been evaluated for the second edition of the Startup Challenge. (more…)
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Bitcoin in Africa Could Leapfrog Just Like Cellular Phones Replaced Landline
Bitcoin in Africa Could Leapfrog Just Like Cellular Phones Replaced Landline
Werner van Rooyen, head of Business Development and Growth at Bitx, one of Africa’s biggest Bitcoin exchanges, on the problems and potential of Bitcoin in Africa. (more…)
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Zimbabwe’s Cash Crisis Is Bitcoin’s Boost?
Zimbabwe’s Cash Crisis Is Bitcoin’s Boost?
A recent survey by The Zimbabwe Standard has shown that a number of banks in the central business district of the country’s capital, Harare, has long queues to withdraw cash with others running out of cash by midday. (more…)
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IMF Magazine Examines Present and Future of Bitcoin
IMF Magazine Examines Present and Future of Bitcoin
In its quarterly, the IMF examines how Bitcoin and its blockchain technology may end up helping banks, despite being created to help avoid them. (more…)
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Bitcoin Better at Being Gold Than Gold, Winklevoss Twins Say
Bitcoin Better at Being Gold Than Gold, Winklevoss Twins Say
The Winklevoss Twins have described Bitcoin as better than gold because it experiences ‘a lot less volatility’ and is a better store of value at the moment. They cited a Wall Street Journal story in May which described how the virtual currency has been more stable than gold over the last 28 days. (more…)
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