Kenyans embracing crypto
In August 2025, AfriBit Africa, a startup in Nairobi, helped with more than 2,000 Bitcoin transactions in Kibera, which is one of Kenya’s biggest urban slums. Even though Kenya has a well-developed mobile money system, more than 80% of Kibera’s 250,000 residents can’t use formal banking services.
AfriBit Africa’s plan includes giving informal workers grants in cryptocurrency, teaching women and young people how to make money by upcycling things, and letting more than 40 local businesses accept Bitcoin payments. “We’re not here to preach Bitcoin,” said Mdawida. We’re here to show that even the most ignored groups can start a financial revolution with tools they really own.