Africa's crypto infrastructure to improve as blockchain adoption grows

Blockchain technology is reshaping the global payments landscape, offering innovative solutions to persistent issues, particularly in Africa. [Courtesy, iStock]

A strategic investment aims to expand blockchain-based payments in Africa, potentially lowering costs and settlement times for SMEs and consumers.

The move could enable businesses and individuals to access global liquidity and transact more efficiently, addressing long-standing challenges such as high transaction costs, long settlement times and limited access to international financial networks.