A special thanks to our sponsors, Binance Africa, for supporting this episode.
About Binance
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TIMESTAMPS
00:00 Africa’s burgeoning cryptocurrency and blockchain startup scene.
04:24 New blockchain insurance helps 17,000 Kenyan farmers.
EPISODE
Episode link: https://open.spotify.com/episode/3IvWIks4sPTyjnl0cY4Vn2
EPISODE AGENDA
### Introduction
- Introduction to the "Fintech Friday" series on the Quit and Switch podcast
- Episode as part of a 12-part series on blockchain technology and cryptocurrency
- Special thanks to the sponsor, Binance Africa
### Sponsor Information - Binance Africa
- Overview of Binance as the world's leading blockchain ecosystem and cryptocurrency infrastructure provider
- Details about Binance's offerings, including digital asset exchange, financial products, and services
### Episode Overview
- Focus on the boom in Africa's cryptocurrency and blockchain sector
- Comparison to historical web 2 technology successes in Africa
### Ajara (Cameroon)
- Focus on Francophone Africa
- Mission to provide affordable investment opportunities, including shares in crypto
- Series A funding of $10 million in 2020
- Target markets: Ivory Coast, Senegal, and other French-speaking countries
- Product offerings: cryptocurrency trading, interest-bearing accounts, future plans for stock trading
- Website: www.ajara.io
### Afropolitan
- Successful NFT collection and expansion into payments
- Goal to create an ecosystem combining African talent, culture, and capital
- Building a digital nation
- Engagement through newsletters and community interaction
- Website: www.afropolitan.io
### Onboard Wallet (Binance)
- Created by former Binance Labs director, Yeli Bademosi
- Combines standard crypto wallet features with fiat tools for conversion between cryptocurrencies and fiat currency
- Simplifies process of moving between fiat and cryptocurrencies
### Ethereum Foundation's Crop Insurance (Efirisic)
- Blockchain-based crop insurance program for 17,000 Kenyan farmers
- Parametric insurance triggered by extreme weather events (droughts, floods)
- Automatic payouts to policyholders
### Closing
- Encouragement to check out all mentioned crypto innovations and startups
- Emphasis on the importance of these plays in driving forward Africa's fintech sector
- Reminder to check the podcast description for more information, disclaimers, and links
- Sign-off and thank you