Hello African Bitcoiners,
Ghana is finally on the Bitcoin Lightning Node Map! The lightning network is a tool for mass adoption of Bitcoin payments. Africa only has about eight functional lightning nodes in total, and today we added another node to this number!
It’s no news that one of our goals is to have a lightning node in every African nation because we want to light up the African lightning node map and provide a means for zero fee lightning payments for all African countries. We gave Nigeria a free routing node in January, and today we are giving one to Ghana! Want more details? Coming right up in this newsletter!
Brand new Ghana Free Routing with love
Recent African Bitcoin news
African Bitcoiner Jobs
African Bitcoin meetups
In January, we started a journey to light up the African lightning node map with operational nodes in our target countries. We began our journey with Africa Free Routing, then Nigeria Free Routing, and today we are launching Ghana Free Routing for even faster lightning transactions and free lightning payments in Ghana. Please support us by opening a channel here.
Here are some interesting news from the African Bitcoin space:
1. Ghana has the 9th highest rate for cryptocurrency ownership out of 27 countries
According to the latest Cryptocurrency Adoption Index, conducted by Finder.com, Ghana stands ninth among 26 other countries in terms of adopting cryptocurrency. Ghana stands just behind countries like Australia, Indonesia, Nigeria, Malaysia, Russia, etc., but leads in front of countries like Hong Kong, Singapore, Brazil, Norway, Canada, the United States of America, New Zealand, Germany, the United Kingdom, Japan, etc. Click here to read more.
2. Paxful’s Ray Youssef aims to build 100 schools all over the world with Nigeria being a top priority
Paxful recently announced that Nigeria is its biggest market, with over 2.5 million users and over $3.5 billion in trade volume. Ray Youssef attributes this accomplishment to the demand and entrepreneurial spirit of Africans, particularly in Nigeria, which is dealing with an unemployment rate of more than 30%, inflation of more than 20%, cash withdrawal limits, and new banknotes that will render their old money worthless. In an exclusive interview with Technext, Ray disclosed that he has a goal of building 100 schools all over the world, and his top priority is to support Nigeria and its people. Click here to read more.
3. Crypto-friendly African countries are drawing attention from the IMF amid sector expansion
Between 2020 and 2021, the cryptocurrency market in Nigeria, Kenya, Tanzania, and South Africa expanded at a combined rate of 1,200 percent, reaching a market value of $105.6 billion (roughly Rs. 775 crores). The International Monetary Fund has become interested in the growth trajectory of the cryptocurrency industry in Africa (IMF). The IMF recently urged African nations to quickly enact stricter regulations for the cryptocurrency industry in a blog post. Click here to read more.
4. Bitcoin is the most popular Cryptocurrency topic in Ghana
Google Trends has shown that in the last 12 months, Bitcoin has remained the most searched cryptocurrency topic in Ghana. Click here to see the chart.
5. Zambia Testing Technology to Regulate Cryptocurrency
According to a Zambian government minister, Felix Mutati, the Bank of Zambia and the country’s securities regulators are currently experimenting with cryptocurrency technology to regulate cryptocurrencies as part of measures to help Zambia attain an inclusive digital economy. President Hakainde Hichilema’s government is embracing cryptos, and Zambia has established itself as an investment destination. Click here to read.
Available Bitcoin Jobs:
1. Marketing Specialist
Bumbee is on the lookout for a marketing specialist to join their team in Nigeria. To qualify for this role, the ideal candidate must have experience in B2C software products marketing, developing and executing marketing campaigns across various channels, including digital, print, and events. Click here to see more about the role.
2. The MAS Network
The MAS Network is giving away 300,000 in total! 200 000 sats will be awarded to anyone who can create a cool video tutorial on how to buy and sell bitcoin with their local currency using Blue Wallet. In addition, anyone who can create a 30-second video of paying with Bitcoin will receive 100,000 sats. Click here to see all jobs from the Mas Network.
Bitrefill is on the lookout for a frontend developer, a backend developer, and a data engineer from Africa and willing to work remotely. Hurry, check out our Bitcoiner Jobs page to see if you meet the requirements for any of these roles!
4. African Bitcoiners
We are on the lookout for a junior copywriter and a UX designer born or raised in Africa to join our team. If you can work remotely with minimal management, you might be who we are looking for! Check out our Bitcoiner Jobs page for more details about the roles.
Here are upcoming Bitcoin meetups we are excited about:
1. Nigerian Bitcoin Conference
There will be a Bitcoin conference in Nigeria from the 24th to the 25th of March 2023. Some of the speakers are Ray Youssef, Okin, Yusuf Nessary and Nzonda Fotsing Sr. See more info here.
2. South Africa Bitcoin Conference
We are excited to announce that the South Africa Bitcoin Conference will be held sometime in 2024. You can vote in the ongoing poll to determine when the conference should take place in 2024! Vote here.
Bitcoin is indeed a ray of hope for Africa. Watch as Farida Nabourema shares the story of how Bitcoin has enabled African citizens to bypass their failing financial systems and gain access to international markets.
Please get in touch with us if you would like us to feature your available jobs, blog posts, podcasts, meetups, Bitcoin projects or anything else you might be working on for Bitcoin in Africa and we will feature you in our newsletter. Just email us on firstname.lastname@example.org and we’ll make it happen.😃
Note that we only accept content on Bitcoin in Africa.
We started this journey of lighting Africa with lightning nodes so that we could afford to pay 10,000 sats to every African who takes our Bitcoin for Beginners course. Please support us by opening a channel on our Ghana Free Routing node here.
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