Limitless Africa

How crypto is making sending money cheaper in Africa


Listen Later

"I just became obsessed with this problem"


Africa is rewriting the rules of global finance, not with aid, but with code. In this episode of Limitless Africa, we unpack how crypto is changing the way millions move money across borders. From Ghana to Nigeria, people are turning to Bitcoin and stablecoins to bypass high fees, long delays, and complex banking systems. Claude Grunitzky is joined by three voices at the heart of this shift: Chris Maurice, the co-founder of Yellow Card, a crypto exchange operating in over 20 African countries; Peter Peregbakumo, a Nigerian entrepreneur who relies on peer-to-peer platforms to run his business and support his family; and Frank Eleanya, a tech journalist tracking the rise of digital currencies at TechCabal.


Plus: How to stay safe using crypto.


🌟 IN THIS EPISODE:

1:06 From Alabama to Africa

1:55 The difficulties of transferring money

6:30 Why blockchain matters

8:29 Using crypto IRL

9:38 The growth of crypto on the continent


šŸ’¬ QUOTES TO REMEMBER:

"Crypto is booming across Africa."

"Nigerians are the most convincing people on the face of this planet."

"What blockchain technology unlocks for the world is the ability to settle transactions with 100% confidence without a third party intermediary."

"Because of the anonymity of the cryptocurrency market, it tends to attract people of shady characters."


šŸŒ ABOUT LIMITLESS AFRICA

The podcast that asks how Africans and Americans can work together for shared prosperity

Every Monday: 15-minute episodes that dive into an issue that matters to Africans

Every Thursday: extended interview with someone unlocking Africa's limitless potential


āž• WANT MORE?

Adam Grant's tips for African entrepreneurs https://trueafrica.co/article/podcast/adam-grant-how-to-rethink-africas-hidden-potential/

ā€œForeign aid has fuelled corruption, dependence, weak governanceā€ - we speak to Maya Horgan Famodu https://trueafrica.co/article/podcast/foreign-aid-has-fuelled-corruption-dependence-weak-governance/


šŸ’— LOVE LIMITLESS AFRICA?

Subscribe on Spotify, Apple or wherever you get your podcasts

Leave a 5⭐ review – it helps get the word out

Share with someone passionate about fintech in Africa


šŸš€ FOLLOW LIMITLESS AFRICA

Instagram: @_trueafrica

Website: https://trueafrica.co/

Substack: https://limitlessafrica.substack.com/


Limitless Africa is sponsored by the US Department of State and the Seenfire Foundation.

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Limitless AfricaBy TRUE Africa

  • 5
  • 5
  • 5
  • 5
  • 5

5

20 ratings


More shows like Limitless Africa

View all
Planet Money by NPR

Planet Money

30,715 Listeners

Political Gabfest by Slate Podcasts

Political Gabfest

8,492 Listeners

Fareed Zakaria GPS by CNN Podcasts

Fareed Zakaria GPS

3,432 Listeners

Reveal by The Center for Investigative Reporting and PRX

Reveal

8,400 Listeners

Newshour by BBC World Service

Newshour

1,049 Listeners

Focus on Africa by BBC World Service

Focus on Africa

380 Listeners

The China in Africa Podcast by The China-Global South Project

The China in Africa Podcast

209 Listeners

Sinica Podcast by Kaiser Kuo

Sinica Podcast

606 Listeners

The Daily by The New York Times

The Daily

112,742 Listeners

Pod Save the World by Crooked Media

Pod Save the World

24,650 Listeners

The Daily Show: Ears Edition by Comedy Central

The Daily Show: Ears Edition

14,317 Listeners

Today, Explained by Vox

Today, Explained

10,284 Listeners

Africa Daily by BBC World Service

Africa Daily

174 Listeners

The Ezra Klein Show by New York Times Opinion

The Ezra Klein Show

16,089 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,853 Listeners