I wonder how many consignments that annual 🇳🇬 trade volume entails… The #IOTA manifesto mentioned the average number of #TWIN transactions per consignment is 26. So… what are your conservative and liberal estimates for number of annual 🇳🇬 #TWIN network transactions by 2028-29?
🇳🇬Nigeria brings the scale. 232 million people.
One of Africa's biggest economies.
Now $IOTA and ADAPT bring the rails.
That matters because Nigeria already has serious trade pressure.
It is a giant import market, a major energy exporter, and a country trying to move beyond oil.
Think more food, fertiliser, manufactured goods, digital services and more intra-African trade.
The food side alone shows the scale.
Nigeria spends over $10 billion a year on food imports like wheat, rice, sugar, fish and tomato paste.
Food and beverage imports also rose from ₦6.58 trillion in 2024 to ₦7.65 trillion in 2025.
At the same time, the non-oil export story is getting stronger.
Nigeria already has the trade volume. The challenge is making that trade easier to document, verify, clear and finance across borders.
That is also why the payments side matters.
Nigeria has currency pressure, dollar demand and huge import needs.
ADAPT’s finance layer is designed to connect banks, mobile money, stablecoins and digital currencies into one interoperable network.
And Nigeria already has a national system moving in the same direction.
Its National Single Window Phase 1 is focused on statutory permits and cargo manifests, with traders submitting information once while agencies access and approve it digitally.
Reuters also reported that the first phase would start narrow, with one shipping line and one port.
So this probably begins with a controlled trade lane first, not the whole country at once.
For AfCFTA, that is where it gets interesting.
Nigeria probably does not start with crude oil.
More realistic early use cases are cocoa, cashew, sesame, fertiliser, agro-processed goods and manufactured goods moving into African markets.
It helps connect them across borders.
Kenya, Morocco, and Nigeria will be the first pilot countries to implement ADAPT
Many crypto projects are still struggling to identify sustainable business models and long-term revenue generation beyond speculation and token rotation.
With initiatives such as ADAPT and TWIN, @iota is positioning itself directly within the digitization of global trade.
Through ADAPT alone, we are potentially onboarding 55 countries onto L1 over the coming years. If successful, this could evolve into one of the largest real-world blockchain adoption cases the industry has seen so far.
One recurring question I continue to see from the community is: when will we actually see activity onchain?
It is important to understand that government infrastructure projects and regulatory integrations operate on completely different timelines than typical crypto product launches. You cannot realistically expect mainnet activity immediately after a government agreement is signed.
These are multi-year transformations involving governments, enterprises, customs authorities, logistics providers, regulators and coordination between entire countries.
However, that is also exactly what makes this opportunity so significant. Once critical trade infrastructure and international coordination systems begin operating on top of a network, replacing or reversing them becomes difficult.
We are working on making progress more transparently visible over time and will continue to keep everyone updated as these initiatives advance.
Yesterday, I received a delegation from the Tony Blair Institute for Global Change (@institutegc) and the IOTA Foundation, led by TBI Nigeria Country Director, Obianuju Uchenna and Senior Advisor Alban Odhiambo.
We discussed streamlining cross-border trade through ADAPT (Africa Digital Access and Public Infrastructure for Trade) - a strategic initiative by the @afcftasecretariat to operationalize the Protocol on Digital Trade. This critical infrastructure will lower trade costs, accelerate customs clearance, and unlock new markets for Nigerian businesses.
#WeMove🇳🇬🇳🇬🇳🇬🌍🎯 #HMIndustryTradeInvestment #FMITI
A big challenge with enterprise and government adoption in global trade is that the most visible metrics often come last.
Onchain activity matters. But before you get there, there are other signals of progress:
• Partnerships signed
• Trade corridors enabled
• Governments onboarded
• Systems integrated
• Documents digitized
• Compliance workflows implemented
• Trade finance unlocked
Enterprise adoption typically follows a path:
Partnerships → Pilots → Implementations → Adoption → Scale
👉The question isn't whether these initiatives create value. The question is: what evidence shows that a project is moving from concept to implementation and toward scale, even before the full impact is visible?
"Africa isn't just catching up - it's leapfrogging, getting ahead of other countries."
@DomSchiener, Co-Founder of IOTA, on the opportunity ADAPT represents for Africa to build world-leading digital trade infrastructure.
1.4 million transactions in a single day on the Iota testnet.
Whatever's being tested there, once it hits mainnet on top of what's already running-> Iota starts to gets busy🌀💎
A nugget to keep an eye on. @gtreview plans to publish a report about the Teesside Digital Trade Testbed (DTT) next month. DTT is where #TWIN is being developed and tested with support from the UK government 🇬🇧 so let’s hope it features prominently. https://t.co/J5UYgOepWb #IOTA
👀
Interesting movement on $IOTA today.
Not just a small market bounce, IOTA is clearly outperforming many of the usual names right now.
Maybe nothing. Maybe the market is starting to notice that something is brewing. ⚡️
Something is definitely brewing on the $IOTA testnet. 👀
If this level of activity starts translating into mainnet usage, things could get very interesting.
Testnet signals are not the full story, but they often show where builders are preparing for what comes next.
"International trade is a teamwork. What IOTA brings is interoperability - one common way of sharing data so people can trust it and know who they're working with."
@JensLundNielsen, Head of Global Trade & Supply Chains, on what IOTA brings to ADAPT.
Tether’s Africa Expansion team publicly frames $USDt settlement on $IOTA infrastructure as central to AfCFTA trade digitization. Not an official partnership but when the rail and the liquidity find each other, that’s a signal worth tracking. 👀
IOTA is explicitly connected to one of the five core pillars behind AfCFTA implementation.
🔥🔥In the WEF’s May 2026 AfCFTA implementation paper, ADAPT is not treated as a side project. It appears as Pillar 3 of the Forum Friends of the AfCFTA framework: digital trade infrastructure.
This is an implementation-focused paper on how Africa’s free trade area moves from legal ambition to operational reality: customs, standards, cross-border data, NTBs and trade corridors.
And ADAPT is being developed with the @AfCFTA Secretariat, WEF, Tony Blair Institute and IOTA Foundation, to build interoperable digital identity, cross-border data exchange and payment infrastructure for African trade.
IOTA... from narrative to infrastructure.📄👇
https://t.co/JQrHHHbq0j
#IOTA #ADAPT #AfCFTA #TWIN #WEF @InstituteGC
🌐 Großes Update auf https://t.co/6MDbAjyE1E!
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Kenya, Morocco, and Nigeria are the first countries to implement ADAPT, laying the foundation for a shared digital infrastructure for intra-African trade.
🎥 TBI’s Alban Odhiambo speaks to @cnbcafrica about ADAPT, developed by @AfCFTA in partnership with TBI, @wef and @iota