We’re Part of the African Blockchain Report 2021

Defimable
2 min readAug 3, 2022

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We are excited to announce that we have been featured in the African Blockchain Report 2021!

The report was compiled by Crypto Valley Venture Capital (CV VC), a Swiss investment company that invests in all stages of Crypto and blockchain projects in collaboration with Standard Bank, one of South Africa’s largest financial groups with a presence in 20 different countries of the world.

The Africa Blockchain Report 2021 shows total investments in the blockchain sector in 2021 and the opportunities for expansion on the African continent amongst many other exciting news and data. Get a free copy of the report at http://www.cvvc.com/africareport.

Some Key Findings from the report:

• In 2021, African blockchain companies raised $127 million, representing 0.5% of all funds raised worldwide in this sector.

• Crypto adoption in Africa grew by over 1200% between July 2020 and June 2021, making Africa one of the fastest-growing continents in terms of adoption.

• African blockchain venture funding was 11 times the growth of general venture funding when comparing Q1–2021 to Q1–2022

• Most funding went to projects in four major countries: Nigeria, Kenya, South Africa and Seychelles.

The report provides key insights into African blockchain-related activities and fills the data and information gap surrounding funding, regulations and innovations in the African Blockchain space.

Download a copy of the report here: https://www.cvvc.com/insights.

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Defimable

A decentralized financing protocol for businesses in emerging economies, leveraging DeFi and NFT.