Next Africa

How Africa Is Riding The Crypto Wave

Bitcoin notched another record high this week, climbing above $93,000 for the first time, with traders exuberant over President-elect Donald Trump’s rhetorical support for crypto. In Africa governments are looking nervously at the growing numbers of young people trading and investing in the token. Bloomberg reporters Bella Genga in Nairobi and Emele Onu in Lagos join Jennifer Zabasajja to discuss how Bitcoin is being used across the continent, and why regulators want more control. You can follow stories from the region with the Next Africa newsletter, you can subscribe <a href="https://www.bloomberg.com/account/newsletters/next-africa?sref=OOcVchU0">here</a>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.

Each week, Jennifer Zabasajja provides a deep dive into the business stories that shape Africa. Join Jennifer and our Bloomberg reporters as they lift the lid on the news driving the continent.