Financial Services

Global cryptocurrency exchange, Binance to fund African Developers with a sum of $1m

Binance, the global cryptocurrency exchange, has commenced an 8-week program equipping African blockchain developers with the right tools and skills to build their first DApps on the Binance Smart Chain (BSC) network. 

Binance CEO, Changpeng Zhao (CZ), during its launch event on January 31st, announced the allocation of $1 million to African developers building projects on the Binance Smart Chain, in line with the company’s commitment to Africa and the growth of the blockchain ecosystem.

Read also: This South African tech company Just Secured R2.5-billion

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


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Since 2020, Binance has been offering free virtual crypto education courses under its Binance Masterclass program:  successfully educating over 70,000 Africans about crypto fundamentals, practical tutorials on how to set up a crypto account – and buy & sell crypto, technical analysis and crypto trading. Binance plans to further this education to include DeFi and BSC.

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Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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