Are Stablecoins The Future of Web3 in Africa? Fireside Chat at Africa Tech Summit London 2024

Africa Tech Summit London 2024 celebrated its sold-out 8th edition at the prestigious London Stock Exchange on June 7th, 2024! The event brought together leading industry experts and innovators to explore the latest trends and insights in technology and business across Africa and beyond.

Watch the Are Stablecoins The Future of Web3 in Africa? fireside chat with Emem Usanga - Co-Lead at Tech Nigeria Advocates and Bayo Sodimu - Head of Engineering at Mento Labs as they discuss the distinctions between Web 3 and traditional web technologies and explore the potential of stabl coins in mitigating economic instability in Africa, highlighting their use for savings and local transactions amidst currency devaluations. Additionally addressing challenges in user education, regulatory concerns, and the need for simpler, more accessible blockchain solutions for broader adoption in the continent.

The Summit unpacked topics such as IPOs, Investing, Payments, Web3 Innovations, Digital Identity Advancements, Cross-Border Trade, Agtech, Ecommerce, Cloud Technology, Climate Tech, Foodtech Breakthroughs and Business Scaling Strategies. Providing invaluable networking opportunities, connecting attendees with industry leaders, investors, and innovators to drive business and investment forward.

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