
The global peer-to-peer fintech platform, Paxful, has been announced as one of the lead sponsors of the first yearly Africa Bitcoin Conference (ABC), taking place from December 5 to December 7, 2022 in Accra, Ghana.
The conference, entitled; “Accelerate Bitcoin Adoption in Africa,” aims at fostering collaboration among thousands of Bitcoin developers, technologists, investors, advocates, and educators working in the African bitcoin ecosystem.
Additionally, the event hopes to strengthen knowledge and resource sharing and form connections between African influencers and those working around the globe.
The Founder and Chief Executive Officer, Ray Youssef will deliver the keynote address. He will speak on why he “still believes Africa is leading the way to a financial revolution through Bitcoin.”
The Head of the Africa Bitcoin Conference, Farida Nabourema, said: “The conference will be the first of its kind, bringing together Bitcoin stakeholders from across Africa and beyond. Numerous networking opportunities will be offered, and we are honoured to partner with Paxful with the intention of being a point of entry for organisations in Africa to embrace this innovative technology.
Youssef added: “Our society runs on money, yet access is not equitable. Africans know this better than anyone. Bitcoin changes that—it allows anyone with the Internet to join the global markets.
“I’ve seen first-hand how Bitcoin grows local economies and entrepreneurship in Africa. It’s about purpose over price and that is how we get to global adoption. Africa is already leading the way, but in order to bring on the next generation, we need to educate more people around Bitcoin’s utility and how it supports financial inclusion.
‘Paxful is committed to Bitcoin education and has opened up several global Bitcoin education centers to teach people how they can use Bitcoin in their daily life. The PaxNaija Educational Center was opened in fall 2021 with the aim of educating, training, and informing Nigerians on the adoption of Bitcoin. Earlier this year, the company opened up the La Casa Del Bitcoin Educational Center in El Salvador. Paxful, alongside the Built With Bitcoin Foundation, also plans to announce a brand-new educational center at the event. The foundation’s co-founder and director, Yusuf Nessary, is also set to speak at the Africa Bitcoin Conference.
Paxful is on a mission to educate the world about Bitcoin. Globally this year, the Company has hosted over 500 educational events and workshops—educating around 17 thousand people in nearly 15 countries and 65 cities.
The company believes that global Bitcoin adoption starts with education. This includes how Bitcoin can be used as a means of exchange to bridge the Inequality of the world’s financial system.