African businessmen are not bullish in advocating for bitcion.they are not properly informed about it because they are use to other ways of investing the finances.but things are changing with time more business men will flood in having more bitcion.
Misinformation indeed can be the reason why they are not bullish about bitcoin, and that will change if one businessman which is close to the other one take a bold step invest in it and get profit out of it sharing the testimony alone might make them believe on it, another thing too is most business men care much about what they can put their money on and see their profit coming and not to be waiting for Bitcoin for year or even the fear of losing if bearish market comes.
You can't be certain that most Africa business men are not into Bitcoin investment,The world is changing and gone are those days when an africa businessman only show interest on his domestic business alone. The main purpose of doing Business is to make profits doesn't matter the kind of business as long as it's legal. In Nigeria here in particular,many top Business men are into bitcoin investment but wishes to keep it secrets due to fear especially from the knowledge of the government,and the reason why most of this top Business men are keeping a low profile on their bitcoin investments is due to the government hostile attitudes toward Bitcoin. The Nigeria govt have declared a total clampdown on exchanges and have even instructed commercial banks to report suspicious transactions and even threatened to arrest citizens involved in Crypto related activities. Tell me if you're a Top Businessman in Nigeria that's have a Bitcoin investments,will you make it known to the General public that you have a Bitcoin portfolio, I believe that answer will be No because you're not foolish because if you do,the Govt will start coming after you and might even arrest you &charge you to pay a huge sum of funds for going against govt rules. Furthermore we should drop that notion that Africa particular Nigeria business are not bullish about bitcoin or investing in bitcoin, They're super Bullish about bitcoin,just keeping a low profile to protect their bitcoin investments from govt preying eyes.