A weekly round-up of P2P Bitcoin trading activity across the top 10 African markets on LocalBitcoins. Charts showing long term trends can be found here.

• Africa Combined: For the week ended 30 October, Africa Combined volume on LocalBitcoins was $1.45 million, which represented a 9% improvement on the previous week’s volume of $1.33 million. Transactions came in at 4,926 for the week ended 30 October, which represented a 6% improvement on the previous week’s count of 4,662.

• Nigeria: Nigeria’s volume for the week ended 30 October was $409.2K, which represented a 0.2% decline on the previous week’s volume of $410.0K. Transactions came in at 1,346 for the week ended 30 October, which represented a 3% improvement on the previous week’s count of 1,303.  

• South Africa: SA’s volume for the week ended 30 October was $649.6K, which represented an 18% improvement on the previous week’s volume of $550.6K. Transactions came in at 1,182 for the week ended 30 October, which represented a 10% improvement on the previous week’s count of 1,073. The gap between Nigeria and SA for the top spot in YTD volume terms now sits at $421.4K as of the week ended 30 October, down from $661.5K in the previous week.

• Kenya: Kenya’s volume for the week ended 30 October was $254.5K, which represented a 10% improvement on the previous week’s volume of $257.6K and marked a new low for 2022. Transactions came in at 1,646 for the week ended 30 October, which represented a 1% improvement on the previous week’s count of 1,633.

• Morocco: Morocco’s volume for the week ended 30 October was $6.6K, which represented a 12% decline on the previous week’s volume of $7.5K. Transactions came in at 34 for the week ended 30 October, remaining unchanged from the previous week’s count of 34.  

• Tanzania: TZ’s volume for the week ended 30 October was $50.5K, which represented a 14% improvement on the previous week’s volume of $44.4K. Transactions came in at 224 for the week ended 30 October, which represented a 1% decline on the previous week’s count of 226.

• Egypt: Egypt’s volume for the week ended 30 October was _, which represented a _% decline on the previous week’s volume of $15.7K. Transactions came in at 129 for the week ended 30 October, which represented a 39% improvement on the previous week’s count of 93.

• Botswana: Botswana’s volume for the week ended 30 October was $20.4K, which represented a 46% improvement on the previous week’s volume of $14.0K. Transactions came in at 195 for the week ended 30 October, which represented a 46% improvement on the previous week’s count of 134.

• Zambia: Zambia’s volume for the week ended 30 October was $17.9K, which represented a 153% improvement on the previous week’s volume of $7.1K. Transactions came in at 45 for the week ended 30 October, which represented a 13% improvement on the previous week’s count of 40.

• Angola: Angola’s volume for the week ended 30 October was $844, which represented a 66% decline on the previous week’s volume of $2.5K. Transactions came in at 7 for the week ended 30 October, which represented a 42% decline on the previous week’s count of 12.

• Ghana: Ghana’s volume for the week ended 30 October was $1.2K, which represented a 36% decline on the previous week’s volume of $1.9K. Transactions came in at 21 for the week ended 30 October, which represented a 16% decline on the previous week’s count of 25.

* Africa Combined is the aggregate of 20 African markets on LocalBitcoins that we currently aggregate data on. USD volumes are USD equivalent, meaning they are converted from local currency volumes.  

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