Decentralized Finance (DeFi) is a new way to save, borrow, and invest without using a bank.
For many Africans, it offers faster access, better returns, and full financial control through blockchain technology.

Across the continent, smart platforms are using DeFi to solve local money problems and create real value.

Top 5 African DeFi projects:

— Fonbnk (Pan-African): Converts mobile airtime into digital dollars (USDC). It helps unbanked users in Nigeria, Kenya, and Ghana access stable, global currency using just their phones.

— Xend Finance (Nigeria): A savings platform built for cooperatives and credit unions. It protects users’ money from inflation by offering interest in stablecoins like BUSD and USDT. Backed by Binance and Google.

— Moola Market (West Africa): A mobile-friendly lending platform in the Celo network. Users can lend or borrow stablecoins with low fees, making DeFi more accessible in smartphone-first regions.

— Jambo (Congo): A Web3 super app combining DeFi tools, crypto wallets, and online learning. It’s helping thousands of new users start their journey into decentralized finance.

— Aqru (Global/Africa): Though based abroad, Aqru is gaining users in Africa for its up to 7% crypto interest offers. Simple design, solid returns.

DeFi is reshaping finance in Africa, and these platforms are leading the revolution.