According to statistics from Useful Tulips, a peer-to-peer analytics platform for bitcoin, Nigeria leads Africa in peer-to-peer (P2P) trading with weekly trading volumes on local P2P exchanges exceeding $8 million per week. Kenya and South Africa trade about $2 million per week (respectively), Ghana trades $1.5 million, and there's a big drop-off after that. A trade is considered peer-to-peer if there is no centralized intermediary between both parties.

Nairametrics (Sept 23, 2020)