Binance Charity, the philanthropic arm of cryptocurrency and blockchain firm Binance is offering scholarships for 1,000 Africans in a 1-year intensive skill training program.
The initiative will be conducted in partnership with Utiva, a Nigerian-based technology education company. The two firms aim to educate 50,000 young people in technology through this program.
“Africans are talented and hardworking but most times, the constraints of resources can be a major limiting factor when pursuing a laudable aspiration like moving into technology. “ said Eyitayo Ogunmola, CEO of Utiva.
“We are super excited that Binance Charity understands the African pain point and has partnered with us at Utiva to help thousands of Africans and break the barrier to entry for many,” he added.
The partnership hopes to create new paths for economic prosperity for the continent by offering skills that are on demand in the market.
This initiative is part of the wider Binance Scholar Program that was launched earlier this year. The program is already active in Ukraine, South Africa, France and Brazil.
“We believe the benefits and vast opportunities of Web3 must be accessible to all. Advancing tech education and professional training are critical to making this happen. We’re proud to be partnering with Utiva, to engage the youth across Africa as we support the continent’s next generation of industry shapers.” said Helen Hai, Head of Binance Charity.