Non-arabic african population is willing to invest in high-risk crypto and forex platforms (research)

We recently initiated a pilot campaign in non-Arabic African countries aimed at gauging the response of the middle socio-economic class (such as individuals in the high-tech sector, small business owners, and healthcare professionals) to investment proposals in high-risk, volatile forex and crypto platforms like 10brokers (forex) and ethereumcode (crypto). Surprisingly, approximately 35% of the respondents reached through a conventional mass SMS campaign (not targeted!) showed significant interest (engaging in phone conversations lasting over 15 minutes) in the potential for investment and profit through CFD channels, despite the acknowledged high risks involved—risks that were clearly delineated and explained to all respondents. Notably, among the most responsive countries were Kenya, Belize, SAR, and Uganda, which was an unexpected outcome. We’re currently compiling robust data alongside statistical analyses to present these findings to a prestigious publication Finance Research Letters. The results were so startling that we’ve opted to release these initial findings to the public.


See also