Paxful confirmed as Africa Bitcoin Conference major sponsor

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As the maiden edition of Africa Bitcoin Conference scheduled to hold in Accra, Ghana between December 5 – 7, 2022 continues to gather momentum, more serious organizations are either showing interest or confirming their sponsorship of the all-important event.

More ‘unputdownable’ among these bodies is Paxful, the global peer-to-peer fintech platform, which is on a mission to educate the world about Bitcoin.

Globally this year, Paxful has hosted over 500 educational events and workshops — educating around 17 thousand people in nearly 15 countries and 65 cities.

Essentially, we gathered, the company believes that global Bitcoin adoption starts with education, which includes how Bitcoin can be used as a means of exchange to bridge the inequality of the world’s financial system.

Paxful’s commitment to Bitcoin continues as the company is honored to announce its position as one of the leading sponsors for the first annual Africa Bitcoin Conference (ABC), taking place between 5 – 7 December, 2022 in Accra, Ghana.

The conference, titled “Accelerate Bitcoin Adoption in Africa,” aims to foster collaboration among thousands of Bitcoin developers, technologists, investors, advocates, and educators working in the African bitcoin ecosystem. Additionally, the event hopes to strengthen knowledge and resource sharing and form connections between African influencers and those working around the globe.

The three-day event will see Paxful founder and CEO, Ray Youssef give a keynote presentation on the event’s main stage — championing Accra as one of the biggest hubs for the future of finance and a bridge to Africans. During his keynote, Ray will share why he still believes Africa is leading the way to a financial revolution through Bitcoin.

According to Farida Nabourema, who is Head of the Africa Bitcoin Conference, “the conference will be the first of its kind, bringing together Bitcoin stakeholders from across Africa and beyond. Numerous networking opportunities will be offered during the conference, and we are honored to partner with Paxful with the intention of being a point of entry for organizations throughout the Africans to embrace this innovative technology.”

As a major sponsor, Paxful will be prominently featured in event education and branding to the event’s 1,000+ attendees.

“Our society runs on money yet access is not equitable. Africans know this better than anyone. Bitcoin changes that—it allows anyone with the Internet to join the global market,” said Paxful CEO Ray Youssef.

“I’ve seen first-hand how Bitcoin grows local economies and entrepreneurship in Africa. It’s about purpose over price and that is how we get to global adoption. Africa is already leading the way, but in order to bring on the next generation, we need to educate more people around Bitcoin’s utility and how it supports financial inclusion,” he added.

The DEFENDER reports Paxful as a growing concern committed to Bitcoin education and has opened up several global Bitcoin education centers to teach people how they can use Bitcoin in their daily life. The PaxNaija Educational Center was opened in fall 2021 with the aim of educating, training, and informing Nigerians on the adoption of Bitcoin.

Earlier this year, the company opened up the La Casa Del Bitcoin Educational Center in El Salvador. Paxful, alongside the Built With Bitcoin Foundation, also plans to announce a brand-new educational center at the event. The foundation’s co-founder and director, Yusuf Nessary, is also set to speak at the Africa Bitcoin Conference.

It is vital to educate regions around the use cases of Bitcoin. Using remittance as an example, Paxful has seen its total remittance user base (users trading in multiple currencies) grow by over 115% in Ghana in 2021. Education is power and Paxful aims to amplify this message even further at the event.

Ticket sales for ABC are now open and can be purchased at www.afrobitcoin.org/tickets. In addition, there is a 30% discount on tickets till 15 October, 2022, attendees will also be able to purchase event tickets in Bitcoin.

About Paxful

Paxful is a global peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling Bitcoin as a means of exchange. Paxful’s mission is to advance a truly global economy by building a financial system that serves the 100%, not just the 1%.

Over ten million people use Paxful to buy and sell Bitcoin with over 450 different payment methods—helping connect people to practically any financial network in the world.

Founded in 2015 by Ray Youssef, the company was recently named a TIME100 Most Influential Company for 2022.


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