Web3's Impact on Digital Ownership in Africa
Yusuf Saheed
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Posted May 25, 2025
Article on Web3's impact on digital ownership in Africa.
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May 8, 2025 - May 9, 2025
How Web3 Is Reshaping Digital Ownership and Opportunity in Africa
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May 9, 2025
From diaspora remittance to decentralized identity, Africa is finding its place in the next evolution of the internet.
For years, Africa has often been seen as a continent trying to catch up with the rest of the world in terms of technology adoption. But with the rise of Web3, that narrative is shifting. The decentralized web is not only giving Africa a seat at the table—it’s creating opportunities for the continent to help define the future of the internet.
The Problem with Web2 in Africa
Web2—the internet as we know it today—is dominated by a handful of powerful corporations. It’s centralized, with user data stored in massive servers owned by companies like Meta, Google, and Amazon. In Africa, this model has failed to address core challenges like:
Limited control over digital identities and data
High remittance fees and restricted access to global financial systems
Censorship, surveillance, and content takedowns
A lack of monetization channels for local creators and entrepreneurs