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New digital currency targets Africa trade and remittances
Safcoin founders Tony Ferreira, the chief operating officer, Michela Ferreira, the chief communications officer and Neil Ferreira, the chief executive. PHOTO | COURTESY
During the winter of 2017 in South Africa, a family was casually discussing the future of the country’s ecommerce business. But in the process, some important topics came up.
The discussion graduated to brainstorming stage, and the idea of creating a cryptocurrency not only for their country but for all African countries, was conceptualised.
