# How crypto is used in Africa today? Hear from leading builders

- Speakers: [Yoseph Ayele](https://streameth.org/speakers/yoseph-ayele), [Yele Bademosi](https://streameth.org/speakers/yele-bademosi), [David Nandwa](https://streameth.org/speakers/david-nandwa)
- Channel: [Devcon 7 SEA](https://streameth.org/devcon_7_sea)
- Date: 2024-11-16
- Duration: 56:22
- Watch: https://streameth.org/watch/6738244e4a7c30ff07f27af2
- Download: https://vod-cdn.lp-playback.studio/raw/jxf4iblf6wlsyor6526t4tcmtmqa/catalyst-vod-com/hls/896dloxie02e4pbj/1080p0.mp4

## Description

How are Africans using crypto at scale, and what has been the impact on society? Last year Africa saw close to $120B onchain transactions, and 10%-20% of major countries' populations used crypto. 

What problems are the top African founders solving for retail and businesses? What are the technical + non-technical friction points they face in building for the fastest growing markets in the world?

Hear African founders share lessons, nuances, and user behavior from the front lines.

## About the speakers

### Yoseph Ayele

Building an open, permissionless, and borderless economy for the African market, powered by Web3. Founder, Borderless Africa and magma: a coordination point for Africa's leading founders. 
General Partner, LAVA, investing in early stage Africa focused startups that are building utility-driven and scalable applications for the fastest growing market in the world.

### Yele Bademosi

Co-Creator of Onboard, a digital money app for creators and dreamers.

### David Nandwa

David Nandwa is a serial entrepreneur as well as CEO/CTO & Founder @ HoneyCoin, before HoneyCoin he's worked as a software engineer at or with leading companies like Flutterwave and Andela. He's started, scaled, and exited two ventures prior to HoneyCoin and has a passion for finance and building real-world solutions to hard problems on the continent.