What is the African blockchain report 2022?

CV VC’s second African Blockchain Report 2022 affirms the transformational impact that blockchain technology is having on the welfare of African nations and the continent's technology standing. Africa is the only global region to have experienced increased venture funding and an explosion in blockchain-specific funding.

Can blockchain be used in Africa?

Having made 12 African investments and with 3 new African startups in its current Acceleration programme, CV VC believes that the impact and utility of blockchain technology are best demonstrated by the acute and proven activities of those using blockchain in Africa to generate trust, transparency, and socio-economic well-being.

How is blockchain impacting Africa?

Africa is the only global region to have experienced increased venture funding and an explosion in blockchain-specific funding. Cementing the fact that the technology is impacting African lives, well-being, and the continent's resilience. African venture funding grew by 34% to $3.14b as global funding fell 35% to $415b