What stablecoins unlock for African trade
Sending money from one African country to another usually means changing it into dollars first, then changing it back. That extra step is why cross-border payments are slow and expensive.
Stablecoins remove that step. Money moves between African countries in minutes instead of days.
So what does that unlock for African trade?
Join Tech Safari and Kora on Thursday, August 20 as we bring together the people building and using stablecoin rails in Africa to answer that question.
Our panel:
Dickson Nsofor, CEO at Kora. Dickson leads the payments infrastructure company powering fiat and stablecoin payments for thousands of African businesses through a single API.
Yvonne Kagondu, Co-Founder at Blockwisely. Yvonne has spent more than seven years building Africa's Web3 ecosystem, and she is also the founder of Kenya Blockchain Ladies DAO and a co-founder of Kushite, East Africa's ICP Hub.
Tomi Ayorinde, CEO at Timon. Tomi is building the stablecoin-powered travel wallet used by more than 100,000 Africans across 16 countries, and he previously founded the YC-backed CrowdForce.
Moderated by Tech Safari's content lead, Sheriff Alimi.
We'll get into:
Why moving money between two African countries still costs so much and takes so long, and who actually pays for it.
What stablecoins actually change for businesses and people moving money across borders, beyond the crypto hype.
What still needs to happen, from regulation to liquidity to trust, before stablecoins become a default rail for African trade.
If you run a business that pays suppliers across borders, build in fintech or Web3, or just want to understand where African payments are headed, this hour is for you.