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Title: Emile Parfait Simb Advancing Blockchain and Economic Sovereignty in Africa

Douala – Africa, home to the world’s youngest population with more than 70% under the age of 30, continues to rely heavily on foreign currencies and external financing. Entrepreneur Emile Parfait Simb views this dependency as a central challenge to the continent’s economic development and has sought to address it through the adoption of blockchain and cryptocurrency technologies.Background and CareerBorn in Cameroon in 1983, Simb began his career in information systems before moving into entrepreneurship. Over the past two decades, he has developed ventures across multiple sectors:Construction: representation of Russian industrial group KAMAZ in Central Africa.Real Estate: residential projects in Ghana designed to serve middle-class growth.Agro-industry: initiatives in Cameroon and Senegal.Finance and Technology: operations extending to Mauritius, Madagascar, and India.His companies directly employ more than 1,000 young Africans, combining technological initiatives with large-scale employment creation.Role in Central African Republic’s Crypto LegislationSimb played a key role in shaping cryptocurrency legislation in the Central African Republic (CAR), where in 2022 he co-authored and presented the bill that legalized cryptocurrency. The move placed CAR among the earliest adopters of national-level crypto frameworks, following El Salvador’s 2021 decision on Bitcoin.For Simb, blockchain represents a means of strengthening sovereignty by enabling states to control monetary systems, mobilize domestic resources, and finance infrastructure.Social and Educational ContributionsAlongside his business ventures, Simb has initiated projects with social and educational impact. He established Africa’s first Russian language center, providing training for government officials, customs...

This press release is issued by King Newswire