economicdevelopment

Discover more about economicdevelopment.

Tag: economicdevelopment

DeFi's Dark Secret: How Sanctioned Crypto Hurts Africa's Future
• Reviews

DeFi's Dark Secret: How Sanctioned Crypto Hurts Africa's Future

Imagine Amina, a young Kenyan entrepreneur. She had a vision: to use a microloan DeFi platform to empower women in her village, providing them with the capital to start small businesses. Her project was innovative. It was hopeful. But it failed. The platform she decided to use had unknowingly used...

'The Defects' & Africa's Future: Can DeFi Avert a Similar Fate?
• Reviews

'The Defects' & Africa's Future: Can DeFi Avert a Similar Fate?

I recently viewed the first two episodes of ‘The Defects’ and I’m still shaken. In combination with the thematic elements of the drama—a bleak tale of radical beliefs and struggle for life—the effect is brutal. This imaginative K-drama takes place in 2025. Though set in a fictional world, its themes...

DeFi's $60B: Africa's Chance or Another Colonial Trap?
• Reviews

DeFi's $60B: Africa's Chance or Another Colonial Trap?

Sixty billion dollars. That’s the Total Value Locked (TVL) in DeFi lending protocols. Of course this figure shouts opportunity. It should raise a warning flag, especially when you take into account Africa’s recent and painful experience with international finance. We’ve all read those headlines praising the expansion of DeFi, and...

JPM's Africa Play: Will Wall Street's Giant Empower or Exploit?
• Reviews

JPM's Africa Play: Will Wall Street's Giant Empower or Exploit?

JPMorgan’s Q2 earnings reports are rolling in, and the business has never been stronger. Now, let’s talk about something that’s a lot more important than operating profit margins and EPS. It's about power, about legacy, and about the very real lives that will be impacted by JPM's expansion into Africa....

Africa's Crypto Revolution Mortgages Fueling Dreams Or Building Bubbles?
• Reviews

Africa's Crypto Revolution Mortgages Fueling Dreams Or Building Bubbles?

Imagine this: A young entrepreneur in Nairobi, previously locked out of traditional financing, finally owns a piece of her city, all thanks to crypto-backed mortgage. Sounds like a dream, right? An innovative story of digital empowerment, wealth-building that walks around these old lines in the ground and goes straight to...

Ethereum's Fall: Will Africa's Crypto Dream Survive Geopolitics?
• Reviews

Ethereum's Fall: Will Africa's Crypto Dream Survive Geopolitics?

Imagine Amina, a Kenyan coffee farmer. For many years, she was caught in a vicious debt cycle, manipulated by middlemen who set prices and postponed payments. That led her to find a decentralized finance (DeFi) platform that was operating on the Ethereum blockchain. This new fintech platform allowed her to...

Africa's Crypto Future: Beyond 4500% Gains, Real-World Impact Matters
• Reviews

Africa's Crypto Future: Beyond 4500% Gains, Real-World Impact Matters

Yes, you’ve seen the headlines. Explosive returns. 4500% increases promised for certain altcoins by 2025. Rexas Finance, Ripple, Solana, Cardano, Dogecoin – the usual suspects are back at it again. Before you mortgage your house and dive headfirst into the crypto pool, let's talk about something far more important than...