Nigeria

ExclusiveFounders DeskInterviews

Nigeria’s Lightning Off-Ramp: Theophilus Isah on Building MavaPay to Turn Bitcoin into Instant Local Bank Transfers

Theophilus Isah trained as a biochemist, taught himself to code, and walked away from a hackathon loss to build MavaPay, one of the few Bitcoin Lightning off-ramps from Africa’s 2023 builder cohort still standing. He explains why Bitcoin, not the banking system, is the part that actually works.

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AdoptionPayments

Africa’s Cross-Border Remittance Problem Has Two Wounds — And Bitcoin’s Lightning Network Is the Stitch

African families already lose close to nine billion dollars a year in remittance fees, from the diaspora and from within the continent itself. A new US federal tax just added to that burden. The case for Bitcoin’s Lightning Network as the alternative rail has never been clearer.

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