in Short
Cryptocurrency : transactions reached $117.1 billion between July 2022 and June 2023
Despite the low share of sub-Saharan Africa in cryptocurrency transactions recorded on a global scale, cryptocurrency transactions reached $117.1 billion in sub-Saharan Africa between July 2022 and June 2023. An amount which represents only 2 .3% of cryptocurrency transactions recorded globally. Thus, Nigeria moved from 11th to 2nd place in the global cryptocurrency adoption index. The most populous country in Africa is second only to India.