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  • Writer's pictureElise Hazel

Binance allocates $1 million to fund developers in Africa

The world’s largest cryptocurrency exchange by trading volume, Binance has launched an 8-week training program aimed at providing necessary skills for African block chain developers to construct their first DApps on the Binance Smart Chain (BSC) network.

CEO Changpeng Zhao during the launch announced that Binance will be allocating $1 million to African developers who are building projects on the Binance Smart Chain, in line with its commitment to Africa and the growth of the block chain ecosystem.

Africa is a really important segment in our mission and we want to continue to push these programs in Africa and other regions” he said . “The Binance team wants to show you a multitude of career options in the crypto and block chain space – beyond trading”.

Binance has offered free virtual crypto education courses under its Masterclass program since 2020. This has seen a huge success, educating over 70,000 African developers on crypto fundamentals, tutorials on setting a crypto account, analysis and crypto trading.

After the 8-week course on "Rebuilding Financial Systems on Block chain”, there will also be a Binance Hackathon for African Dapps as announced by the coordinator of BSC network.

The January Developers’ edition, aimed at training more African developers kicked off with close 20,000 registrations and over 25,000 playbacks on YouTube, showing the ever increasing demand for block chain education in Africa.

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