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Articles

Using Blockchain and Banking to Empower Africa’s Poor with Economic Opportunities

Using Blockchain and Banking to Empower Africa’s Poor with Economic Opportunities

Many migrants from Africa, and further afield, embark on a precarious journey in search of Economic and Financial Freedom. This dangerous journey all too often results in tragic endings for the individuals seeking a better life. But why do they go to such extraordinary lengths and dangers to venture into unfamiliar lands? The easiest explanation is this: freedom of action and opportunity.

The Index of Economic Freedom, compiled by the Heritage Foundation ranks countries according to how free they are in conducting economic activities. Ten out of the 20 countries at the bottom of the index are African countries.

Financial Education