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Africa Crypto Week in Review: Kenyan Youth Urged to Join Binance Academy, Cameroonian Digital Lending Platform Explores Stablecoins as Memecoin Group Hacks South African Parliament

This week in African crypto saw Binance push education in Kenya, Azamra tap stablecoins for lending in Cameroon, and a memecoin stunt disrupt South Africa’s parliament, reflecting the continent’s dynamic crypto evolution.

By Dalmas Ngetich

Last Updated: Mar 22, 2025

Fact checked

By Sam Cooling

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Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.
Binance Kenya is pushing education, Azamra tap stablecoins for lending in Cameroon crypto, meme coin stunt disrupts crypto Africa.
Disclaimer Icon
Disclaimer
Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital. 99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

Binance Kenya is pushing education, Azamra tap stablecoins for lending in Cameroon crypto, meme coin stunt disrupts crypto Africa.

Educational efforts by Binance, a crypto giant and fintech lending firm in Cameroon crypto industry, and outrageous SA meme coin promotional attempts made headlines.

Such is the breadth of weekly events that can unfold in the exciting yet tumultuous African crypto landscape. This beehive of activity highlights a continent that is both growing rapidly in importance as a crypto market and adapting to the realities this industry brings.

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Let’s explore some highlights from the past week:

Kenyan Crypto News: Binance Academy Urges Youth to Embrace Crypto

The head of marketing at Binance, Rachel Conlan, has urged Kenyan youth to join Binance Academy and enhance their understanding of cryptocurrencies.
Speaking in an interview, Conlan emphasized the importance of the Kenyan market and the exchange’s commitment to growth there. Binance continues to make overtures in various African markets and is now focused on boosting its profile in Kenya.

Binance Academy offers hundreds of online tutorials and classes for learners, allowing them to expand their knowledge even when selecting some of the hottest presales to buy right now. Additionally, the platform has launched physical training programs to improve crypto adoption and innovation.
Kenya is a fast-growing crypto market with over 4 million crypto users and a large young population.

Alongside Nigeria and South Africa, it remains one of the most vibrant crypto markets on the continent, offering growth potential for the global ramp.

Cameroon Crypto News: Azamra Explores Stablecoins to Expand Lending Services

West African crypto platform Azamra is leveraging stablecoins to expand its lending operations in Cameroon. The digital banking platform operates in six countries across the region and aims to enhance its services through blockchain lending.

Azamra operates via an app and website, with small kiosks available in the region for customers to open accounts and transact in cash.

The company relies on blockchain technology to streamline cross-border payments, lower transaction costs, and boost efficiency.

Cameroon still has a significant population of unbanked and underbanked individuals. Adding low-cost, accessible payment channels could greatly improve access to finance in this growing market.

Azamra aims to secure a front-row seat in this transformation. Leveraging blockchain is critical in gaining a first-mover advantage in a market ripe for disruption.

South Africa Crypto News: SA Parliament Social Media Accounts Hacked to Promote Ramaphosa Coin

South African President Cyril Ramaphosa now has a meme coin in his likeness. In a surprising twist, promoters allegedly hacked the social media accounts of the South African Parliament on March 15, 2025, to promote it.

The legitimacy of the Ramaphosa coin remains highly questionable. Some meme coins are little more than promotional stunts or outright scams. Targeting official social media accounts suggests this is likely one such stunt, using official channels to project credibility.

Nonetheless, meme coins modeled after politicians and celebrities are a growing trend. Figures like Donald Trump, Melania Trump, and Iggy Azalea have their own meme coins, and have surprisingly become some of the best cryptos to buy in 2025. Often, the individual after whom the coin is named is unaware of its existence, as appears to be the case with Ramaphosa.

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Africa Crypto Week In Review: Key Takeaways

  • Education Drive: Binance Kenya targets Kenya’s youth to boost crypto literacy and adoption
  • Fintech Innovation: Azamra’s stablecoin use aims to transform lending in Cameroon Crypto
  • Meme coin Chaos: The Ramaphosa coin hack underscores the wild side of crypto promotion

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Dalmas Ngetich
Dalmas Ngetich
Crypto Journalist

Dalmas is an experienced journalist with over a decade in crypto, technology, and blockchain. His work and that of his partners have been featured in top news outlets, including Forbes, investing.com, and Entrepreneur, among others. He is passionate about crypto... Read More

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