Binance Becomes Exclusive Cryptocurrency Sponsor of African Cup of Nations

1/12/2022 2:47:00 AM

Binance inked a deal with the Confederation of African Football (CAF) to become the exclusive crypto sponsor of the AFCON tournament.

Binance

Binance inked a deal with the Confederation of African Football (CAF) to become the exclusive crypto sponsor of the AFCON tournament.

Binance inked a deal with the Confederation of African Football (CAF) to become the exclusive crypto sponsor of the AFCON tournament.

The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon.Binance’s African Endeavorbecamethe official partner of the Assist of the Day / Binance Assist of the Week / Binance Assist of the Tournament. The feature will be promoted across CAF’s social media channels and all six venues in five cities in Cameroon.

The tournament kicked off on Sunday, January 9, when the host country faced Burkina Faso. More than 160 nations are expected to broadcast the championship with a total audience of over 300 million as Binance will have its logo displayed on each stadium during the matches.

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The world’s largest digital asset trading venue – Binance – announced it partnered with the Confederation of African Football (CAF).January 9 till February 6, 2022 in Cameroon.January 9 till February 6, 2022 in Cameroon.Hong Kong (CNN Business) Changpeng"CZ" Zhao, who runs the crypto exchange Binance, has joined the ranks of the world's top billionaires, with an estimated net worth of at least $96 billion, according to new calculations from the Bloomberg Billionaires Index published Monday.

As a result, the company became the official cryptocurrency and blockchain sponsor of the 2021 TotalEnergies Africa Cup of Nations (AFCON) tournament. The latter is the most significant soccer championship on the continent – this year, it is held from January 9 till February 6, 2022, in Cameroon. Binance will also be the official partner of the Assist of the Day / Binance Assist of the Week / Binance Assist of the Tournament , which will be promoted across CAF’s social media channels and across all six venues in five cities in Cameroon. Binance’s African Endeavor became the official partner of the Assist of the Day / Binance Assist of the Week / Binance Assist of the Tournament. The TotalEnergies Africa Cup of Nations kicked off on Sunday, January 9, 2022 at 5PM (WAT) at Olembe Stadium in Yaounde, with the host country Cameroon facing Burkina Faso. The feature will be promoted across CAF’s social media channels and all six venues in five cities in Cameroon. More than 160 nations will live broadcast the tournament with an audience of over 300 million. The tournament kicked off on Sunday, January 9, when the host country faced Burkina Faso.Videx=CNN.

More than 160 nations are expected to broadcast the championship with a total audience of over 300 million as Binance will have its logo displayed on each stadium during the matches. Through this partnership with CAF, Binance will connect further with its users and the African community through football. Through this partnership with CAF, Binance will connect further with its users and the African community through football. Veron Mosengo-Omba – CAF’s General Secretary – believes the cryptocurrency exchange will connect further with its African users and the local community following this initiative. ADVERTISEMENT “CAF is ready to embrace blockchain-based technology and its impact on the future of African football development. I am certain that together with Binance, we can take African football to a new level. I am certain that together with Binance, we can take African football to a new level,” he added.” As part of our mission to drive blockchain adoption and enable greater access to financial services for the world’s unbanked, Binance has provided to over 541,000 Africans since 2020, on topics ranging from user protection to building a career in blockchain. Yi He – Co-founder and CMO of Binance – reminded that his company has a mission to grant greater access to financial services for the world’s unbanked. Yi He, co-founder and CMO of Binance said; “With a population of 1.executeFeature('video').

As such, Binance has provided free crypto education classes to over 540,000 Africans since 2020. According to the executive, Africa has the potential to lead the future of the blockchain industry. We will continue to put in our efforts in pushing the mainstream adoption of crypto, so that more people can understand crypto, and understand Binance. We will continue to put in our efforts in pushing the mainstream adoption of crypto, so that more people can understand crypto, and understand Binance. “We will continue to put in our efforts in pushing the mainstream adoption of crypto so that more people can understand crypto and understand Binance,” Yi He assured. Crypto Adoption in Africa Is on the Rise According to numerous researches, Africa is the undisputed global champion in cryptocurrency adoption as its growth 1,200% at one point last year. Emmanuel Babalola, Binance Director for Africa said; “Football is the most popular sport in Africa, one that unites the entire continent and as the leading blockchain ecosystem, we are proud to be an official sponsor of the AFCON tournament. Moreover, countries like Kenya, Nigeria, South Africa, and Tanzania all ranked in the top 20 of the Global Crypto Adoption Index. This corroborates our mission to take crypto mainstream across the continent.getLibraryName(containerId)==='fave') {playerInstance=FAVE.

It is interesting to see why Africans find digital assets so attractive.”. According to a recent survey , approximately 70% of the local crypto investors deal with bitcoin or alternative coins to provide a better life for their families. Specifically, 48% allocate funds in cryptocurrencies to pay for their children’s future educational costs. In comparison, 43% do the same to establish a fund to pass on to their relatives. SPECIAL OFFER (Sponsored) .videoInstance.