3% fee, what a rip-off!
I see huge opportunities for shops to accept BTC in Kenya.
I have been hearing about Africa being one of the first countries to use bitcoins for remittance. The fees can range upto 40-50% of the transaction amount. SO bitcoin is obviously the best solution for them
Fees are more like 12-15% but
BTC transactions should be done with the standard 0.0001 fee. Then the issue is to find an exchange in Africa which will only ask for a 1% fee.