Zambia may be better known for mining copper than crypto, but a group of young entrepreneurs are looking to reinvent the country as an African technology hub - with support from Ethereum co-creator Vitalik Buterin.
Startup founders from the southern African country and abroad are talking to the government about creating the regulatory and business environment that would attract more tech firms and capital. The group is in the process of organizing a conference in Lusaka, the capital, in May to draft detailed policy proposals that they believe will see Zambia succeed where previous African tech hubs have stuttered.
“I was impressed by everyone I met’s willingness to go and do big things,” the crypto pioneer said in an interview. “We want to have a much more open-minded approach,” Kayumba said in an interview from Lusaka. “You can’t milk a cow that isn’t fully developed.”Perseus Mlambo, originally from neighboring Zimbabwe, was one of the early movers. He started payments platform Zazu Africa Ltd. in Zambia five years ago, a firm that now accounts for half of Mastercard Inc. transactions in the country.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum founder is backing Zambia's bid to be Africa's tech hubA group of young entrepreneurs are looking to reinvent Zambia as an African technology hub - with support from ethereum co-creator Vitalik Buterin.
Read more »
Microsoft: We addressed allegations of bribes in Africa, Middle East | Fin24A former employee claimed Microsoft spent more than $200 million per year on bribes and kickbacks in countries such as Ghana, Nigeria, Qatar and Saudi Arabia, according to news website The Verge.
Read more »
'Diepcity' star Thandeka Dawn King back on her feet and your screens soon'I am back on my feet again, ngiyabonga Mvelinqangi, Ngiyabonga Thonga lami. Thank you to everyone that supported me during this journey.'
Read more »
'Diepcity' star Thandeka Dawn King back on her feet and your screens soon'I am back on my feet again, ngiyabonga Mvelinqangi, Ngiyabonga Thonga lami. Thank you to everyone that supported me during this journey.'
Read more »
Mthunzi Mdwaba loses out in race for ILO top jobGovernment’s withdrawn pledge to back campaign hits SA businessman’s bid
Read more »
#SABCNews AM Headlines | 27 March 2022* The leader of the anti-foreigner movement, Operation Dudula, is expected to appear in the Roodepoort Magistrates Court on Monday after spending the weeken...
Read more »