Regulatory sandboxes and innovation hubs: Evaluating cryptocurrency governance in Sub-Saharan Africa

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Authors: Tshilidzi Eric Nenzhelele, Murembiwa Justice Mashau
Cited by: 0

Abstract

This study evaluates Sub-Saharan African bitcoin governance models using regulatory sandboxes. 180 relevant studies were synthesised using PRISMA (2021–2025). The discovery, screening, eligibility, and inclusion phases of the research identified noteworthy trends and findings. Analysing study findings into prominent patterns and key themes deepens this investigation. Sandboxes in South Africa, Nigeria, Kenya, and Ghana provide controlled testing of blockchain ideas but suffer regulatory fragmentation, algorithmic prejudice, and monopolistic behaviour. Governance hurdles and diffusion dynamics are examined using TOE and DOI frameworks. It presents inclusive, adaptive, and internationally aligned sandbox governance rules. The article offers evidence-based ways to balance innovation, financial stability, and consumer protection to inform legislation.

Fields of Study & Subjects

Blockchain Technology Applications and Security Economic Growth and Development Cybercrime and Law Enforcement Studies

Publication details

Journal / source
International Journal of Business Ecosystem and Strategy (2687-2293)
Volume
7
Issue
6
Pages
303–329
Publication date
5 January 2026