A small island nation in the Indian Ocean, Seychelles has emerged as a leader in blockchain funding in Africa despite its low crypto adoption rates.
Nigeria falls to 18th place in RMB’s ‘Where to Invest in Africa’ report
Nigeria dropped to 18th place in the Where to Invest in Africa 2025 report. Seychelles ranked first due to high personal freedom and macroeconomic stability.
What Africa’s 2024 blockchain funding says about investor priorities
Africa's blockchain funding dropped to $122.5 million in 2024, a 36% decrease from 2023. Seychelles attracted $38.85 million in blockchain funding, despite a 56% decline from the previous year.
Seychelles Leads African Blockchain Funding Amid Shifting Market Trends
Seychelles attracted 31% of all blockchain funding in Africa, totaling $38.35 million. In 2022, Seychelles secured $209 million in blockchain funding, which dropped to $89 million in 2023.
Seychelles dusts Nigeria, South Africa, others as it recieves 33% of Africa’s blockchain funding
Seychelles received 31% of all blockchain funding in Africa, totaling $38.35 million. In 2022, Seychelles received $209 million, representing 43% of African blockchain funding.
African Passports worth bragging about in 2025 per Henley Passport Index
Seychelles ranks as the most powerful African passport with visa-free access to 156 destinations. Mauritius follows closely with visa-free access to 151 destinations.
