Around 60 million smartphone users in Nigeria, Uganda and Tanzania can now top-up with Electroneum (ETN). The project says it has partnered with multinational third-party mobile airtime providers, and they are now accepting Electroneum for mobile top-up.
ETN users in the three countries can now top up with at least 15 of the biggest mobile network providers. Users of 9Mobile, Airtel, Glo Mobile and MTN networks in Nigeria can now top-up their smartphones with ETN, while in Uganda, they can make the crypto top-up on Africell, Airtel, MTN and Telecom networks.
Along the same line, Electroneum users in Tanzania using Airtel, Halotel, Smart, TTCL, Tigo, Vodacom and Zantel can easily make top-ups with ETN. The top-ups capture all major mobile service providers in the countries. These providers capture almost 100% of subscribers in the country.
Today, Electroneum users in six countries including those stated in Africa can now recharge using ETN.
Electroneum CEO Richard Ells, who spoke on the progress showed excitement, pointing that the launch of ETN top-up in the countries is a propellant for Electroneum and the cryptocurrency world entirely.
“We are pleased to announce the launch in these three African nations, where we see a clear opportunity to enable Electroneum users to top-up mobile airtime through a third-party provider of the major mobile network operators.”
In Nigeria, 97.8% of the mobile users can top up with ETN, 99% of them in Tanzania, and Uganda can also top-up with the cryptocurrency.
There are around 60 million smartphone users in the three countries. However, in Nigeria alone, there are 198.4 million mobile subscribers. While Uganda and Tanzania have 25 million and 43.4 million users, respectively. These indicators are signs that Electroneum is pushing for great business in Africa.
The press release by Electroneum says the number of smartphone users is expected to increase by 300% in 2025, because in 2018 there were just 35 million, 17 million, and 7.5 million smartphone subscribers in Nigeria, Uganda, and Tanzania, respectively.
Remember, NewsLogical earlier published that mobile smartphone users in Brazil, South Africa, and Turkey, can use Electroneum for their mobile top-ups. The digital currency is now accepted in over 120 countries across the globe. This opportunity to date is not available with any cryptocurrency aside from Electroneum.
Africa is gradually becoming enmeshed in cryptocurrency. Nigeria for example is topping the list of countries searching for cryptocurrency related information on Google. This indicates that the most populous country in Africa is becoming informed about digital currency.