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Paxful sees more Young Women in Africa turn to Bitcoin amidst Pandemic

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Tugba Abadan, Paxful’s newly appointed Head of Middle East and Africa
Tugba Abadan, Paxful’s newly appointed Head of Middle East and Africa

The COVID-19 pandemic has strained the global economy and put millions of people under financial stress. Understandably, people from all walks of life started looking for alternative income streams. In honour of Women’s Month this August, a global peer-to-peer bitcoin marketplace, Paxful, (Paxful.com) is shining a spotlight on women who have started successful side hustles powered by bitcoin.

Not only are these side jobs providing women with additional income, they are also giving individuals an opportunity to develop new skills in the bitcoin and blockchain space. Blockchain skills are in high demand internationally and may unlock new career opportunities or set the ground for running a successful business in the future.

Beyond speculative activities, bitcoin already drives a whole range of entrepreneurial ventures including arbitrage, remittance, e-commerce and educational projects, to name a few. Paxful is committed to encouraging more women to consider pursuing opportunities in bitcoin and blockchain; the company has rolled out a number of educational programs globally to educate more people about the crypto industry. You can even buy bitcoin with credit card on paxful with any stress.

Realising entrepreneurial potential

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A report  released by CoinMarketCap in April revealed that the number of women in the cryptocurrency industry increased by 43.24% in the first quarter of 2020. In addition, a study published in December 2019 by Bitcoin (BTC) fund operator, Grayscale, showed that 43% of investors interested in Bitcoin are women (13% up from 2018), with the number actively growing. “Our sector can still do better to attract more female blockchain professionals and entrepreneurs. At Paxful, nearly 40% of our global workforce is female and we continuously keep our eyes out for more female collaborators, community builders and problem solvers,” says Tugba Abadan, Paxful’s newly appointed Head of Middle East and Africa.

Usage of the Paxful platform is soaring, and the company has also witnessed a steady increase in the number of women participating in its entrepreneurship program, the Paxful Peer Program. The program helps crypto enthusiasts become their own bosses, and women have been topping the list of best performers since it’s launch in November 2019.

Yvonne Kagondu, Paxful’s Community Coordinator in Kenya, says: “It’s not easy to be a young African at the moment. Unfortunately, many of us suffer the consequences of high levels of unemployment and poverty. It’s very important to be on the lookout for as many opportunities as possible and find one that suits you best. I found blockchain technology intriguing and decided to focus on bitcoin, which eventually led me to mentoring other young female professionals and fellow small business owners. I feel so fortunate to be able to help and inspire fellow Africans to take control of their finances through bitcoin.”

Paxful’s Peer Program participant Nkhensani Nyalungu is a Bachelor of Commerce student at the University of Johannesburg. She shares her experience with the program: “I had never considered setting up a tech-related business until I learnt more about the opportunities in the blockchain industry. Once I became familiar with the technology, it was quite easy to dive into the crypto world. I am extremely passionate about educating my peers about the crypto-economy, as I feel I’m carving the path towards economic freedom for our communities.”

Victoria Chauke, a student at Johannesburg’s Wits University, used to work as a part-time promoter before she started her bitcoin side-hustle to earn some extra cash, “Trading bitcoin was a better option for me as I could learn on the go; it’s much more flexible as I can make money while at home, in-between classes or while busy with other commitments.”

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She adds: “I believe we need a lot more women in the bitcoin community. From my experience, I think we can operate as effectively as men, if not better, in the blockchain ecosystem”.

Entrepreneurial aspirations in a time of crisis

According to a study , an estimated one in three working South Africans have a side job to bring in extra income. The COVID-19 lockdown has put millions of people under challenging circumstances as they faced losses of jobs and income opportunities. The pandemic pushed people to look for alternative income sources, so the interest in crypto and bitcoin entrepreneurship grew rapidly, which Paxful confirms as the number of platform users skyrocketed since the beginning of 2020. As contactless payments are encouraged, people are opting for non-cash in-person trades using bitcoin.

Abadan concludes: “We’re very excited to see how the number of trades on Paxful from South African users have grown by more than 36% in Q2 of this year. Blockchain technology has created a new frontier for the global economy, and I believe that the industry offers plenty of opportunities to achieve greater economic independence”.

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Izwe Savings and Loans Launches its Refreshed Brand to Better Serve Customers and Drive Growth

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Izwe Savings and Loans, a leading financial service provider in Ghana, has unveiled its refreshed brand, marking a significant step towards enhancing customer service and fostering sustained growth.

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Flame Condoms Celebrates four couples in its ‘Sparks of  Love’ Campaign 

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Flame Condoms, a product of Marie Stopes International treated four couples to an all-expense paid romantic date treat at Laboma beach.

 

Their social media campaign themed ‘Sparks of Love’ was engineered to celebrate four couples and give their love the spark it deserves this Valentine’s Day.

The four couples were picked up from their locations and chauffeured to Laboma Beach.

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They were met with a candlelit set up, with roses shaped like a heart to create a serene yet romantic ambiance to set the mood. Ami Shikah, the host for the night greeted them with warmth and excitement to ease them into the activities of the night.

The couples were treated to a beachside dinner, as they enjoyed a sumptuous spread of gourmet delights. Against the backdrop of gently crashing waves and the rustle of palm trees, they savored every moment, relishing both the food and the company of their beloved.

Following the dinner, the couples were whisked away for a series of romantic activities carefully curated by Flame Condoms. They engaged in intimate conversations with Ami Shika the sex therapist to deepen their bond and ignite their flames of passion.

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It was an opportunity to create new memories among the couples. Regardless of their backgrounds or stories, all four couples found themselves swept away by the shared moments of love.

As the night ended, the couples gathered around a crackling bonfire, and exchanged heartfelt conversations, dreams, and promises for the future. The highlight of the evening was a tender proposal made by one of the couples, adding an extra touch of romance to the atmosphere.

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Flame Condoms’ initiative to treat four couples to a night of romance at Laboma Beach served as a reminder of the importance of love, intimacy, and connection in our lives. Against the stunning backdrop of nature’s beauty, these couples were given the gift of cherished moments and unforgettable experiences, all made possible by the commitment of Flame Condoms to promote healthy relationships and enhance pleasure.

Flame Condoms, a Marie Stopes International brand is dedicated to ensuring that Ghanaians have safe but pleasurable sex. Flame condoms come in two variants: Flame Xtacy and Flame Xtra, all featuring dotted or ribbed textures with a delay gel, and available in vanilla or strawberry flavors.

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RightCard (LemFi) doubles down on Bank of Ghana Approval with Nsano partnership.

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RightCard Payment Services Limited trading as LemFi is delighted to announce that it has obtained additional approval from by the Bank of Ghana (BoG) to partner with Nsano Limited to deliver money transfer services to Mobile Money Wallets and Bank Account Beneficiaries in Ghana.

This move continues RightCard’s dedication to complying with the Bank of Ghana’s regulatory framework as well as reinforcing service efficiency through affiliation with proven partners. In February 2023, RightCard “LemFi” formally resumed offering its services to Ghana following a temporary suspension.

RightCard delivers innovative services and products in various markets, through the LemFi app. RightCard is licenced as an Electronic Money Institution with the Financial Conduct Authority in the United Kingdom.

LemFi customers can rest assured of continuous delivery of quality service; instant money transfer, competitive exchange rate and zero transaction fee offerings. Prospective customers can take advantage, by downloading the app from the iOS, Google Play Store or on the website at www.lemfi.com.

If you require additional information and updates, please visit our website at www.lemfi.com or write to us at “legal@lemfi.com”
Stay connected with us on this exciting journey by following the latest news and developments on our social media channels:

Facebook: UseLemFi
Instagram: @UseLemFi
Twitter: @UseLemFi

Thank you for your continued support.

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COTTON FEST SET FOR JOHANNESBURG RETURN INAPRIL 2024

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Get ready for an extraordinary experience as Cotton Festival returns, for the 5th edition in Johannesburg, to its home at the Old Station in Newtown on April 6th, 2024. 

This year’s theme, #VoteCottonFest, goes beyond a festival; it’s a dynamic lifestyle movement whereattendees actively shape the culture through music, art, sport and lifestyle choices, celebrating theconvergence of individuality. 

Cast your votes for the new wave in youth culture, embracing diversity and inclusivity in every aspect of the festival. Engage in interactive elements and unique experiences that reflect the vibrant spirit of this years theme #VoteCottonFest. 

Cotton Festival is a testament to Bianca Naidoo’s commitment to continue the legacy createdbythelate Riky Rick. Together, they championed collaboration across music, fashion, lifestyle, and sports culture. 

We’re thrilled to announce our festival partners who share in our vision: NikNaks, Coke Studios, Vuse, Hunters, Klipdrift, Count Pushkin, 4th Street Wine, NBA, Jägermeister, Youth X by Nedbankand Red Bull. 

In collaboration with dynamic media broadcast partners like YFM and MTV Base, Cotton Festival’s reach extends far and wide, resonating with youth audiences throughout the country. 

Featuring the hottest South Africa talent, artists will perform across 3 stages. 

Save the date, embrace the theme, and join us on April 6th, 2024, in this celebration of individuality, expression and empowerment of young creatives! #CottonfestJHB #VoteCottonfest2024 #VoteCottonFest 

Tickets for this immersive lifestyle experience are ON SALE NOW at Pick n Pay and Webtickets –secure yours here. 

• R200 Early Bird Tickets – limited tickets available 

• R300 General Admission – limited tickets available 

Stay tuned for more information. 

We Never Die. We Multiply.

For media accreditation opening next month and all media inquiries, please contact Sade Simons at sade@sspublicrelations.com,publicist@sspublicrelations.com or +27 79 961 1924. 

ABOUT COTTON FEST 

Cotton Festival, created by the late Riky Rick, is more than a festival, it’s a movement! Burstingonto the scene in 2019, the festival champions collaboration across music, fashion, lifestyle, andsports culture. Committed to inclusivity and safety, Cotton Fest is a celebration of the newwaveinyouth culture. 

Follow #VoteCottonFest2024 

Website – https://cottonfest.co.za/ 

Instagram – @cottonfestjhb 

Facebook – @cottonfestjhb 

Twitter – @cottonfestjhb”

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Custom Wedding dress: Everything You Should Know

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For brides who are searching for a particular gown but are unable to locate it anyplace, a custom gown can be the perfect fit. If so, please continue reading about the process of creating and designing below. Furthermore, it is recommended to start making your own custom gown at least nine to twelve months prior to your big day

Perhaps the perfect option for you is a custom bridal gown.If you have a unique body shape and can’t find the right design anyplace, or if you want to incorporate a beloved piece of clothing (like your grandmother’s antique lace handkerchief), making your own wedding dress is a terrific option.

How Are Customised Wedding Dresses Made?

These dresses are mainly constructed from either taffeta, satin or silk. However, some women prefer making their own dresses using personal materials that they have emotional attachments to. Additionally, if you want your wedding dress to be environmentally friendly, both hemp and bamboo are good choices.

You can buy these materials online or go to the nearest store that sells fabrics to get the best fabrics and designs at reasonable prices. On the other hand, you may put on an ancient crafty piece of attire along with your selected wedding dress.

However, before getting down to work, it is worth noting that you should first pick up a fabric that one will find more close resembling his taste. After this task, you will need a body measurement and create a mockup dress in order to ascertain its perfect fit. To accomplish this stage, you can either buy dressmaking software or use sewing machine as well as needles and thread hands when making a sample for service delivery.

Once everything is finalized and you’ve chosen the perfect design for your aesthetic, you may have a talented tailor make for your dress.

A Few Things to Look for in a Tailor 

Finding a tailor with experience in creating custom wedding dresses can be crucial. Even better, consider seeking a tailor who has altered bridal gowns for past brides, as they will have an understanding of the adjustments required.

Additionally, consider where the tailor is situated, and his or her fee. However, in most cases you get what you pay for: it’s just that some very good sewers charge very reasonable prices. By typing ‘wedding dress sewing services’ into Google you can acquire an array of reputable local tailors. You may also ask your friends and family members about the best seamstress within your area.

Options for Customizing Wedding Dresses


You can customise a wide variety of wedding gown styles to match your specific proportions. The most popular wedding dress categories are:

    • Ball Gowns: Full-skirted ball gowns are ideal for brides who have an hourglass form. Given that they frequently include a high waist, these dresses can be the easiest to personalize.
    • Sheath or Shift Dress: Brides with long, slim figures look stunning in sheath or shift dresses. These dresses are fairly basic, frequently featuring a fitted bodice and a voluminous skirt.
    • Column or Mermaid Dress: These dresses have a full skirt and are fitted at the waist, much like ball gowns. For brides who have an hourglass body, they are ideal. 
  • A-line Dress: Brides with apple or pear-shaped bodies look stunning in a-line gowns. 

Benefits of customize Your Clothes

Choosing to create your wedding dress has a number of perks.. First of all, you don’t have to follow trends in order to create the exact style and appearance you want. Even more environmentally friendly materials can be used to make your bridal gown, or it might incorporate sentimental clothing pieces. You may also alter your wedding gown as many times as needed to get the perfect fit.

You will be ready to wear your custom wedding dress several times, which is not possible with a custom-made or designer dress. You can wear your wedding gown to formal events such as anniversaries and weddings.

Conclusion

One possibility that can be uniquely yours on this big day is making your own wedding gown which no one else will own ever again. Furthermore, if you are not able to find a ready-made dress that fits perfectly because of having a different body shape, then designing custom wedding dresses could be an ideal solution.

 

When making the decision to sew your own bridal gown, it is advised that you research on the fabrics, stitching techniques and quantities as soon as possible. You are also supposed to start thinking about this at least one year before in order that there remains enough time to complete the dress with adjustments if any would be required..



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Efya set to thrill UK fans with epic concert on March 16th

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Sleeky Promotions is gearing up to present a spectacular showcase featuring Ghanaian songstress Efya in the UK. (more…)

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