Binance partners with Utiva, target students across over 19 African countries

Binance partners with Utiva, target students across over 19 African countries

Largest cryptocurrency exchange platform, Binance, through its philanthropic arm, Binance Charity has partnered with edtech startup, Utiva to skill up 50,000 youths in technology.

As part of its offering, it will also provide scholarships for 1000 Africans and enable a one-year intensive skill training program. The program aims at young people aged 18-35 from over 19 countries in Africa.

Set to deliver training on virtual platforms every weekend for the next 12 months, students will have access to mentorship and virtual workshops. Through the partnership, access to job opportunities will be created and in turn, drive economic prosperity.

The first cohort of the workshop hosted at the Utiva office in Lagos on Thursday, October 20, consists of 50 young individuals who will access fully sponsored training and sponsorship. The students commenced the 12-week commitment and engaged in a 4-hour training on Blockchain Technology and Software Development.

“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.” Head of Binance Charity, Helen Hai said.

Also speaking on the partnership, the CEO of Utiva, Eyitayo Ogunmola noted that the lack of resources in Africa has been a major impediment to growth in technology. “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.”

“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.”

The initiative is a part of the Binance Scholar Program launched in April 2022 with active projects in Ukraine, South Africa, France, and Brazil. The initiative is positioned to charge the next generation of digital leaders towards developing their skills, knowledge, and experience without financial barriers.