2/ South Africa, Morocco, Ghana, Egypt, and Ivory Coast contribute to Africa’s crypto interest to a smaller extent.
They account for 23.8% of the continent's interest in crypto YTD, ranking from the 2nd to 6th among African countries most interested in crypto this year.
They account for 23.8% of the continent's interest in crypto YTD, ranking from the 2nd to 6th among African countries most interested in crypto this year.
3/ The remaining 48 African countries have relatively less #crypto interest, with less than a 2% share each YTD.
Out of the 54 African countries, only 41 have recorded any interest in crypto this year, while 13 countries currently have no share at all in interest across Africa.
Out of the 54 African countries, only 41 have recorded any interest in crypto this year, while 13 countries currently have no share at all in interest across Africa.
4/ Among the top 15 African countries most interested in #crypto, those ranked from 7th to 15th only account for a combined 6.9% share of crypto interest.
These countries include Uganda, Angola, Algeria, Tunisia, Kenya, Namibia, Mauritius, Botswana, and Seychelles.
These countries include Uganda, Angola, Algeria, Tunisia, Kenya, Namibia, Mauritius, Botswana, and Seychelles.
5/ Despite its small share of crypto interest in Africa, the business-friendly tax haven of #Seychelles 🇸🇨 plays an outsized role in the crypto industry.
6 of the top 30 centralized crypto exchanges are incorporated in Seychelles, which is the highest number in a single country.
6 of the top 30 centralized crypto exchanges are incorporated in Seychelles, which is the highest number in a single country.
6/ Methodology: The study examined crypto interest by country in Africa, based on @CoinGecko data for web page views from January 1 to July 4, 2023. Potentially inflated views were excluded to ensure representative data.
Check out the full study: gcko.io
What regions or countries should we cover next? Let us know 👇
What regions or countries should we cover next? Let us know 👇
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