Bybit partners African talent firm Alt School for tech education
The exchange is also launching a $100,000 scholarship for 1000 Alt School Africa students.
Global cryptocurrency exchange Bybit has announced that it has partnered with African tech talent development firm, Alt School Africa.
The exchange has also launched a $100,000 scholarship fund for 1000 of the tech institute’s brightest students.
The details
- Bybit said in a press release that the launch of the scholarship fund also marks the start of Bybit Academy.
- The crypto exchange added that scholarship eligibility will be based on residency in a priority country, gender diversity, and a high score on the entry examination.
- Alt School already offers programs in software engineering, product, data, the creative economy, and business, while Bybit will introduce courses focused on technology and crypto.
- Exceptional students that graduate in the top ten of the program will get the chance to become Bybit ambassadors and intern with the firm, the exchange said.
Key quote
- Bybit’s chief operating officer Hele Liu said:
“Education is a powerful catalyst for change, and Africa's young population stands to benefit from unprecedented accessibility to technology in this day and age. Through our partnership with AltSchool Africa and the establishment of the Bybit Academy, we are committed to providing opportunities that foster growth, innovation, and resilience.”
Why this matters
- Africa faces a shortage of tech and blockchain talent, a challenge worsened by the rise of remote work. However, organizations and individuals are now stepping in to create opportunities for Africans to upskill and bridge the gap.
- Last week, the co-founder of blockchain firm Mysten Labs and his wife, Adeniyi and Gloria Abiodun launched a $1.3 million fund.
- Abiodun said the fund is designed to train and support blockchain software developers in Nigeria.
