Where the money lives: Crypto balances in Africa

Nigeria holds the largest share of crypto wallet balances across major providers, while South Africa and Algeria show strong concentration in Coinbase and Trust Wallet.

NigeriaMoroccoSouth AfricaGhanaAlgeriaEgyptKenyaBeninIvory CoastEthiopiaRwandaBurundi

Chart: Oluwaseun Adeyanju, MariblockSource: Dune Africa

NigeriaMoroccoSouth AfricaGhanaAlgeriaEgyptKenyaBeninIvory CoastEthiopiaRwandaBurundi

Chart: Oluwaseun Adeyanju, MariblockSource: Dune Africa

10 May 2026

Featured in

Big on wallets, light on volume: Africa’s crypto paradox

Explore more charts

View all

Africa’s share of global crypto wallets vs. transactions by platform

Wallet user count by continent

19 Dec 2025

Parliament passes the VASP Bill

30 Dec 2025

President Mahama signs it into law (Act 1154)

23 Jan 2026

SEC publishes sandbox guidelines, outlines seven service categories for licensing

~18 Feb 2026

Six entities admitted into one-year sandbox at inaugural Ghana Virtual Assets and Financial Services Symposium

20 Feb 2026

Joint BoG-SEC directive orders all VASP advertising removed within 48 hours

Legislation

Regulation

Enforcement

Where the money lives: Crypto balances in Africa

Explore more charts

Africa’s share of global crypto wallets vs. transactions by platform

Wallet user count by continent

Ghana's crypto regulatory timeline