Wednesday, 14 January 2026

Binance drives financial inclusion and economic growth across Africa

Binance, the world’s leading cryptocurrency exchange, announced the expansion of its services across more than 30 African countries, enabling users to buy, sell, and trade crypto using local currencies including ZAR, KES, GHS, XOF, XAF, UGX, and TZS. This move strengthens Binance’s commitment to financial inclusion, supporting individuals and businesses across the continent with seamless, secure, and localized crypto solutions.

“With this expansion, we’re making it easier than ever for people across Africa to access crypto safely and conveniently,” said Larry Cooke, for Binance Africa. “Crypto is more than an investment, it’s a tool for everyday financial empowerment, enabling fast payments, cross-border transfers, and new economic opportunities for businesses and entrepreneurs.”

Binance’s localized services integrate directly with regional payment systems and support multiple transaction options. Users can buy crypto with Mobile Money, bank transfers, or card payments, and trade peer-to-peer with minimal fees. This ensures that individuals and businesses can participate in the digital economy without the high costs or delays associated with traditional banking and remittances.

For small businesses across Africa, crypto provides alternative payment solutions, reduces transaction costs, and facilitates cross-border commerce. Binance’s expansion supports entrepreneurship and contributes to broader economic growth by enabling Africans to transact, invest, and grow in a connected global economy.

“By supporting local currencies and integrating with regional payment methods, we are breaking down barriers to adoption and helping unlock the transformative potential of digital assets across Africa,” added Larry. “Our goal is to empower millions to engage with crypto easily, safely, and confidently.”

Binance’s ongoing commitment to Africa includes collaboration with local regulators and partners to ensure compliant, secure, and user-friendly access to digital assets. The company continues to strengthen its footprint across the continent, delivering tools that foster financial inclusion, innovation, and sustainable economic development.

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