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Crypto ownership in Africa is rapidly evolving, driven by inflation hedging, remittances, and financial inclusion.
According to Chainalysis, Sub-Saharan Africa saw a significant jump in on-chain value despite contributing a relatively modest share globally.
The top countries combine tech-savvy populations, mobile payment infrastructure, and use-cases for digital assets in daily life.
The trend of investing in cryptocurrency has surged across Africa in recent days. Individuals are now choosing digital assets for payments and savings; many investors hold cryptocurrencies to receive high profits in the future. This blog highlights the countries with high African crypto ownership in 2025.
Many African countries are investing in cryptocurrencies, such as:
Nigeria stands as a global leader in crypto adoption across the African continent. Around 5.9% of Nigerians own crypto, making the nation a major hub in inflation hedging, retail adoption and peer-to-peer trading.
South Africa boasts around 10% of its citizens holding crypto investments. The country has powerful infrastructure and high digital literacy, leading the curve in African markets.
Egypt has around 3% of crypto holders. Egyptian citizens are now interested in finance and increasing internet penetration.
Uganda has a rapidly growing mobile network, which further leads to crypto adoption. People here use digital currencies for cross-border payments.
Ghana has a high Crypto Adoption rate in Africa given its expanding digital currency landscape. The nation has a strong fintech ecosystem, garnering further interest among residents over crypto investments.
The next African country on the list is Morocco, with a wide crypto community with grassroots interest and high crypto adoption. Many tech-savvy investors here hold long-term crypto investments for future profits.
Cryptocurrency usage and trends are widely increasing in Algeria. Many investors choose crypto for quick payments and store it for future returns.
Tanzania has around 2.4% of crypto investors. The major reasons behind this scenario are the growing mobile economy and blockchain awareness among people.
Ethiopia is one of the leading nations in Africa in adopting cryptocurrency. Many citizens of the country use digital currencies for payments, storing assets for long-term outputs.
Around 5.1% of people in Kenya hold cryptocurrencies as of now. Additionally, the nation displays a high mobile money adoption.
Also Read: Top 10 countries with highest digital payment adoption
The crypto landscape in Africa is expanding gradually. Many factors, like economic volatility and mobile money penetration, are leading to further crypto adoption, thanks to strong regulatory frameworks and effective infrastructures building the roots of high crypto ownership in Africa.
1. How do people in Africa use crypto?
Most people in Africa use crypto for inflation hedging, payments and savings.
2. What are the major reasons for high crypto adoption in Africa?
The major reasons for a high crypto adoption in Africa are cheap remittances and hedging against inflation.
3. Will the trend of investing in crypto grow in Africa?
Yes, the trend of investing in crypto will increase in Africa. The major reasons are economic challenges, increasing mobile connectivity and youth population.
4. How many people in Africa own crypto?
As of 2025, around 43 million people in Africa hold different kinds of cryptocurrencies.
5. Is investment in Africa legal?
Some countries make crypto a legal investment, while others regulate crypto holdings.
