Cape Town Hosts Crypto Fest 2024, Africa’s Largest Crypto and Web3 Event

Today marks the commencement of Crypto Fest 2024, one of Africa’s largest gatherings dedicated to cryptocurrency, Web3, and blockchain innovation. Hosted at the Cape Town International Convention Centre, this year’s event brings together some of the most influential voices from across the African and global crypto landscapes to discuss advancements, regulatory shifts, and unique opportunities and challenges for the African market.

This three-day event is organized by Bitcoin Events, a South African company renowned for its blockchain and fintech-focused conferences. Keynote speakers include high-profile figures in blockchain technology, financial policy, and Web3 infrastructure, such as Monica Singer, a South African blockchain advocate with ConsenSys, and Marius Reitz, General Manager for Africa at Luno, the crypto wallet provider. Panels and sessions address various topics, including the evolving role of decentralized finance (DeFi) across the continent, recent policy shifts, blockchain’s potential in financial inclusion, and the role of NFTs in African art and culture.

One of the highlights of Crypto Fest 2024 is the “Africa’s Digital Currency Future” panel, where regional fintech experts and policymakers delve into how countries can adopt and regulate digital currencies for greater economic stability and access. Cape Town Mayor Geordin Hill-Lewis opened the event with remarks on the city’s ambition to support technology-driven financial development in the region, citing Cape Town’s commitment to creating a supportive ecosystem for fintech startups.

Interactive workshops also allow participants to learn about the latest tools and platforms for trading and managing digital assets. Workshops cover beginner to advanced levels, addressing the practical use of decentralized finance platforms, navigating smart contracts, and ensuring security in digital transactions.

With Africa now ranked as one of the fastest-growing cryptocurrency markets globally, this year’s Crypto Fest offers a timely platform for sharing insights and fostering collaboration across African nations. The event is expected to draw over 2,000 participants, including entrepreneurs, developers, policymakers, and investors, all eager to explore the continent’s potential as a blockchain hub.