FEB 4: NYC Event to Spotlight Future of Digital Currency in Africa

The future of the African economy is closely connected to digital money. The potential and opportunities of using cryptocurrencies on the continent will be the focus of a special event, organized by ON21 in partnership with theGlobal Entrepreneurship Center, where thought leaders in entrepreneurship, finance, and nascent digital currency systems will gather in New York City on February 4.
Spotlight: Africa
Africa has been undergoing rapid economic change in the past few years. One of the most notable examples of this is how people communicate and share information. Mobile technology has allowed much of the continent to leapfrog building costly telephony infrastructure.
Meanwhile, Bill Gates recently stated in an interview with Jimmy Fallon that the future of increased financial liquidity in Africa for the everyday user lies in mobile payments, not in the expansion of the traditional financial framework.
Add that to the fact that seven of the world’s fastest growing economies are in Africa, and the potential becomes clear. This potential is highlighted by a recent Goldman Sachs-issued report titled Africa’s Turn, which draws similarities between the current business opportunities in Africa with those in China in the early 90′s.
‘Africa’s lack of infrastructure both technologically and financially have conspired in the past to keep it down,’ explained the event moderator, Rik Willard, to CoinTelegrah. ‘Those very things now combine to provide a platform for the most profound and impactful economic inclusion since China came on the financial stage in the 1990s.’ He added:

This post was published at Coin Telegraph on 2015-02-03.