Somaliland stands at the forefront of a mobile payment revolution. At over 30 mobile payment transactions a month on average, the average citizen of Somaliland is far ahead of the rest of the world’s average.
In late 2016 Senegal launched a cryptocurrency for the countries of the West African Monetary Union. This and similar innovations could provide a new infrastructure for economic development across Africa.
More than,100,000 vendors worldwide accepted Bitcoin in 2015. Governments and banks are not able to manipulate the system and simply “print” new money to cover debts