Blockchain.com targets African Growth Amid Emerging Regulation
Blockchain.com is establishing a physical office in Nigeria, its fastest-growing market in West Africa. Nigeria has passed a new investment and securities law allowing for the licensing of crypto exchanges.
Blockchain.com to open Nigeria office, expand across Africa as crypto regulations take shape
Blockchain.com plans to expand into Ghana, Kenya, and South Africa and open a physical office in Nigeria in Q2 2025. The Nigeria expansion would make Blockchain.com the first foreign crypto firm to establish a physical presence in the country.
Kenya vs. Nigeria: Startup Funding Comparison
In 2024, Kenya raised $638 million, leading Africa with 29% of total funding. Kenya's startup ecosystem focuses on climate tech, agritech, and healthcare, supported by strong investor confidence.
Six months on, Starlink still can’t serve new customers in Nairobi
Starlink has been unable to onboard new customers in Nairobi since November 2024 due to network capacity issues. At least ten customers have reported being locked out of services despite purchasing Starlink kits.
How Starlink is Shaking Up Africa’s Internet Market
Starlink offers download speeds exceeding 106 Mbps in Botswana, significantly outperforming local ISPs. Kenya saw a doubling of upload speeds and an 81% drop in latency after the introduction of a new Point of Presence in Nairobi.
