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The Africa Blockchain Center (The ABC) graduates 105 blockchain programmers in its first cohort of Blockchain Programming Training

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2 years ago

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Africa Blockchain Center

The 105 graduates are from 6 African countries including Kenya, Nigeria, Tanzania, Zambia, South Africa and Benin

NAIROBI, Kenya, December 20, 2022/APO Group/ — 

The Africa Blockchain Center (https://www.theAfricaBlockchainCenter.com/), the premier center of excellence for blockchain development in Africa, has today announced the graduation of its first cohort of 105 blockchain developers under its Blockchain Programming training course. The program, which took 6 months, and was run by a network of global experts, is a practical based course that teaches the learners the core fundamentals of blockchain technology and decentralized systems and takes them through the various blockchain programming protocols with a focus on Cardano, Algorand and Ethereum.

The Africa Blockchain Center (The ABC) (https://www.theAfricaBlockchainCenter.com/), a Kenyan Web 3.0 company launched in September 2021 with a mission to propel Africa into the adoption of 4IR (fourth industrial revolution) technologies by building capacity in blockchain programming and catalyzing industry readiness; offering solutions to enterprises seeking to explore the technology, and incubating blockchain startups and companies looking to transition from web 2.0 to web 3.0.

The 105 graduates are from 6 African countries including Kenya, Nigeria, Tanzania, Zambia, South Africa and Benin. Key learning points from the training that the learners were exposed to includes but not limited to; Decentralization in Information Systems, Principles of Decentralization, History and operating Principles of Bitcoin, Blockchain Technology Fundamental structures, Decentralization as an approach in Information Systems, Introduction to Asset Tokenization, Cryptography in decentralized systems, Application of decentralized approaches to system designs, Alternative digital currencies and tokenization, Introduction to Smart Contracts, Features and roles of cryptographic commitments in accounting systems and Development of existing blockchain – based systems (Cardano, Ethereum, Algorand, IoTEX).

Jefferson Mkungusi, the CEO of Africa Blockchain Center, believes that Africa has great untapped potential when it comes to web3 development. “The youth that we have trained will be able to build innovative solutions that will enable Africa to leapfrog to a new era. The potential that blockchain has in solving some of the challenges that are facing Africa is massive, and we have not even scratched the surface. We aim to train 10,000 blockchain programmers, power 25,000 business leaders and executives on blockchain readiness, incubate 50 blockchain startups and launch robust solutions for the market in the next five years.” Said Mkungusi.

The youth that we have trained will be able to build innovative solutions that will enable Africa to leapfrog to a new era

As the demand for blockchain solutions increases, the global blockchain industry has a shortfall of skilled candidates. A recent study by LinkedIn Corp. and OKX using data collected from 180 countries between January 2019 and June 2022 revealed an imbalance in the supply and demand of talent in the global blockchain field, with qualified candidates in short supply. Data from the report shows that the number of LinkedIn members working in the blockchain space has grown by 76% year on year through June, but the countries that produce the most blockchain professionals are experiencing a decline in talent growth.

“There is not enough talent because of how novel the technology is.  The technology was conceptualized hardly 13 years ago and it has been under speculation for years with no established pipeline for blockchain talent in place. We see the sector’s rapid expansion and aim to become the sector partner when it comes to blockchain capacity.” Further stated Mkungusi.

Many people enter blockchain as a hobby, developing their skills self-taught, informally, online alongside their day job which also makes evaluating potential hires an extra challenge because recruiters and hiring managers may not know what to look for (or the particular red flags) due to their own lack of experience and knowledge.

“There has been a 17% increase in the last few years on projects utilizing blockchain. From acquiring infrastructure for transparency in information sharing, to digital assets deployment and many other use cases, blockchain is earning its seat at the  revolutionary-tech table. The newly trained ABC cohort will therefore become an added value into the blockchain ecosystem as they are open for new opportunities to support organizations in need of blockchain expertise in Africa and globally.” Concluded Mkungusi.

The Africa Blockchain Center is welcoming blockchain stakeholders to enroll in their ecosystem and help them gain in-depth knowledge of functional and technical aspects of Blockchain technology as well as access the capacity they need to deploy blockchain solutions in their businesses and industries.

Distributed by APO Group on behalf of The Africa Blockchain Center (The ABC).

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Morocco’s First Africa’s Business Heroes (ABH) Top Three Finalist is Pioneering Water and Sanitation Solutions

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7 hours ago

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April 8, 2025

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Africa’s Business Heroes

Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry

RABAT, Morocco, April 7, 2025/APO Group/ —

In a remarkable milestone for Morocco, Dr. Salma Bougarrani has made history by becoming the first female Moroccan entrepreneur to reach the Top three finalists in the esteemed Africa’s Business Heroes (ABH) www.AfricaBusinessHeroes.org/ Prize Competition. Finishing as the 1st Runner-Up. Dr. Bougarrani, the co-Founder and CEO behind Green Watech (apo-opa.co/4jrjZnv), is not just pushing sanitation forward for the rural communities; she’s also blazing a trail for women entrepreneurs in an industry where females are often not noticed or heard from. Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry.

The recognition from ABH, the Jack Ma Foundation’s flagship philanthropic program in Africa, aligns with its mission to spotlight and support local talent like Dr. Bougarrani, who are driving positive change in their communities. Over a decade, the program aims to honor 100 African entrepreneurs while providing grant funding, training and broader ecosystem support to foster African entrepreneurship.

Dr. Bougarrani’s journey into the world of water and sanitation began with her firsthand observations of untreated wastewater wreaking havoc in Moroccan villages. Witnessing these difficulties sparked her passion for creating sustainable solutions, leading her to leave the world of academia and pursue a career in entrepreneurship. In 2018, she formed Green Watech to give rural communities access to reasonably priced and energy-efficient sanitation systems. She holds a PhD in Advanced Water Treatment Processes from Med V University and Leipzig University.

Impacting Lives Through Sustainable Innovation

At the centre of Green Watech’s innovation is a groundbreaking soil-based filtration system, which provides the means to treat wastewater for agricultural irrigation. Unlike expensive, energy-hungry technologies, this system is all about being low-maintenance, budget-friendly, and sustainable – perfect for rural communities that often struggle with limited infrastructure. By cutting down the need for fresh water by as much as 70%, Green Watech is transforming the water management landscape in Morocco.

Since its inception, Green Watech has changed the lives of over 30,000 people in 17 Moroccan villages and farms. The company has cleaned more than 200 million litres of wastewater, which helps with water shortages and makes farms more productive. Thanks to Green Watech’s participatory model, local communities actively participate in the process. Villagers are taught how to set up, maintain, and grow sanitation systems through training programs, which promote resilience and sustainability in the long run.

Green Watech’s soil-based filter system also cuts down on the need to use fresh water for crops. It offers a long-lasting, cheap, and easy-to-keep-up answer for people in rural areas. The company plans to grow beyond Morocco in the future. It aims to reach North Africa and other places during the year.

Breaking Down Barriers as an ABH Trailblazer

Dr. Bougarrani’s recognition as the first Moroccan entrepreneur to be placed among the top three finalists in the ABH competition is significant. Her success defies cultural expectations and gender norms in a field where male entrepreneurs predominate. Her accomplishment serves as a role model for aspiring female entrepreneurs throughout Africa and highlights her technical expertise and leadership abilities.

Her work in sustainable water management has gained her worldwide recognition. She has received top honours, including the United Nations Industrial Development Organization (UNIDO) Grand Prize.

The Future of Green Wateche

Dr. Bougarrani plans to put the $150,000 prize back into Green Watech to help it reach more African communities in need. She has an ambitious goal to reach 1 million end-users by 2030.  Her career is an outstanding example of how someone with a strong will and passion can break walls, challenge stereotypes and uplift entire communities.

2025 ABH Applications Are Now Open

African entrepreneurs who want to enter the 2025 edition of the competition and stand a chance to win a share of US$1.5 million can do so at https://AfricaBusinessHeroes.org/en/register.

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH

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African Development Bank and Bank of Africa Tanzania sign $7.5 million facility to boost trade finance

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9 hours ago

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April 8, 2025

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The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector

DAR ES SALAAM, Tanzania, April 7, 2025/APO Group/ –The African Development Bank (www.AfDB.org) and the Bank of Africa Tanzania (BOAT) have signed a $7.5 million trade finance transaction guarantee facility to boost trade finance activities of the Bank of Africa in Tanzania.

Under this facility, the African Development Bank will provide a guarantee of up to 100% to confirming banks against non-payment risks arising from letters of credit and similar trade finance instruments issued by the Bank of Africa Tanzania. The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector. The facility aligns with efforts to bolster intra-Africa trade, contributing directly to the objectives of the African Continental Free Trade Area (AfCFTA) (https://AU-AfCFTA.org/).

This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions

Speaking at the signing event on March 10, 2025, in Dar es Salaam, the Bank’s Country Manager for Tanzania, Patricia Laverley, stressed the importance of the facility in addressing Tanzania’s trade finance needs, saying that given the country’s import requirements, it will aid priority sectors such as trade, agriculture, manufacturing, and energy. “This facility will support trade by enabling BOAT to play a more strategic role in the regional and international market.”

Representing BOAT’s management, Deputy Managing Director Hamza Cherkaoui lauded the strong partnership with the African Development Bank, emphasizing its role in expanding trade finance capabilities across the continent. “This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions, expanding our confirmation network, and enabling access to top-tier confirming banks,” he said.

The new Trade Guarantee facility aligns with Bank of Africa Tanzania’s strategic priorities and the African Development Bank’s broader objectives, including promoting regional integration, increasing food security, and industrializing Africa. It also supports Tanzania’s Country Strategy paper 2021-2025, which focuses on enhancing the private sector business environment for job creation. It also aligns with the country’s development vision (Vision 2025), which aims to build a strong and resilient economy capable of competing globally.

The signing of the agreement marks a significant milestone in the African Development Bank Group’s direct engagement with Tanzania’s private sector, reinforcing its commitment to strengthening the country’s financial sector and economic development.

Distributed by APO Group on behalf of African Development Bank Group (AfDB

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PAC Capital Limited Named Best Transaction Advisory Firm in Nigeria at the Grand Annual Awards Ceremony 2025

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10 hours ago

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April 8, 2025

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PAC-Capital

As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth

LAGOS, Nigeria, April 7, 2025/APO Group/ –PAC Capital Limited (www.PACCapitalLtd.com), a leading investment banking and advisory firm, is proud to announce its recognition as the Best Transaction Advisory Firm – Nigeria 2025 by the International Business Magazine Awards!

The award celebrates PAC Capital’s consistent track record in structuring and executing high-impact transactions across various sectors, including infrastructure, energy, transport, and financial services. This international recognition highlights the firm’s commitment to excellence, innovation, and delivering value-driven advisory services.

At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations

Humphrey Oriakhi, Managing Director of PAC Capital, expressed his pride and appreciation for the recognition:

“This award is a strong validation of our efforts to lead with insight, integrity, and innovation in the transaction advisory space. We are truly honored to be acknowledged on a global platform. I dedicate this achievement to our clients who trust us with their most strategic decisions and to our team whose dedication fuels our success.”

Bolarinwa Sanni, Executive Director of PAC Capital, emphasized the importance of collaboration and resilience in the firm’s journey:

“Winning this award reflects the strength of our advisory team and the boldness of the clients we serve. At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations. This recognition inspires us to keep pushing boundaries and shaping Africa’s investment landscape.”

As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth.

Distributed by APO Group on behalf of PAC Capital Limited

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