Crypto-Friendly African Nations Attract IMF Attention Amid Sector Expansion

Crypto-Friendly African Nations Attract IMF Attention Amid Sector Expansion

The crypto market in Nigeria, Kenya, Tanzania, and South Africa together saw a growth of 1,200 percent, reaching a market valuation of $105.6 billion (roughly Rs. 775 crores) in between 2020-2021. The growth trajectory of the crypto sector in Africa has attracted the attention of the International Monetary Fund (IMF)….