Although economic cooperation has significantly enhanced countries’ development, the countryside remains an economically underprivileged region in Africa. The scarcity of mainstream financial resources is mentioned as a contributing factor to difficulties experienced by rural communities. This research explores mechanisms for introducing blockchain based community currency in African rural areas to mitigate social and economic challenges. To achieve the objective of the study, extant literature was scoured to distil past studies and expand on a theoretical framework. The results reflect on the intricacies of financial systems in the continent’s economies, including the necessity to pinpoint key areas that drive willingness to embrace alternative financial instruments. The study’s findings will be invaluable for financial institutions and organizations engaged in economic cooperation and lay a crucial theoretical basis for future research.