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Africa Blockchain Center (The ABC) Raises 7X Initial Investment to Next Chymia Consulting HK Limited

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Africa Blockchain Center (The ABC) Raises 7X Initial Investment to Next Chymia Consulting HK Limited

The African continent has a huge untapped appetite to understand, learn and experience decentralized technologies

NAIROBI, Kenya, October 22, 2021 / APO Group / –

The Africa Blockchain Center (www.TheAfricaBlockchainCenter.com) was recently launched under Adanian Labs to develop the potential of blockchain across Africa; undisclosed funding will support the installation of ABC in 6 African countries.

Africa Blockchain Center (The ABC), a Kenyan startup focused on building technology capacity and delivering blockchain solutions to key industries, today announced it has raised a $ 7 investment from Next Chymia Consulting HK Limited, an Asia-based company that provides blockchain solutions. , consulting and training services to global entities.

Founded in September 2021, the mandate of the Africa Blockchain Center is to propel Africa in the adoption of 4IR (Fourth Industrial Revolution) technologies by strengthening blockchain programming capabilities and catalyzing industry readiness; offer solutions to companies looking to explore technology and incubate blockchain startups.

This investment will help The ABC to set up structures in 6 markets in Africa, including Kenya, Tanzania, Zambia, Nigeria, Uganda and South Africa, and to create a community of stakeholders in Africa. blockchain for knowledge sharing and best practices.

The Founder of The Africa Blockchain Center, Irene Kiwia, said, “We understand the potential of blockchain to solve some of the challenges Africa faces and we believe we can use our disruptive nature as a continent to create value for ourselves through the adoption of technology. However, there is a huge capacity gap that we need to address to accelerate this. We aim to train 10,000 blockchain programmers, 5,000 business leaders and executives in blockchain readiness, incubate 50 blockchain startups, and launch robust solutions to the market over the next 2 years.

The ABC aims to demystify blockchain technology and create platforms where industry can learn, execute research (R&D) programs, launch blockchain solutions, and access blockchain as a service for various applications across all. sectors and industries.

“The African continent has a huge untapped appetite to understand, learn and experience decentralized technologies. This, together with the opportunities that the market presents in applying blockchain technology in key sectors like finance, agriculture, health and general governance, makes the center a timely intervention. Also stated Kiwia.

ABC is a startup from Adanian Labs, the pan-African smart technology venture capital studio with a mission to create, nurture and evolve 300 impact-driven tech startups across Africa.

Adanian Labs CEO John Kamara said, “We are extremely proud to see such progress with our startups. We pride ourselves on providing the right environment, tools and resources to support startups and help them create scalable solutions. The ABC is timely as Africa explores the potential of smart technologies to support its 4IR efforts. Adanian Labs will continue to work with the Africa Blockchain Center and support its deployment across the continent. “

The women’s economy is at the center of The ABC’s mission. ABC will have a special gender lens to ensure that women are an integral part of this transformation.

Next Chymia Consulting HK Limited CEO Kenji Sasaki said, “We are delighted to support and collaborate with The ABC, their model is revolutionary on how they want to evolve blockchain technology in Africa, and we are confident in the team. We are aligned with the vision as well as our commitment to building blockchain capacity and delivering blockchain solutions to key industries. We want to champion good governance for blockchain and we see the appetite and the gap in Africa where this cutting edge technology can solve some of the inequality issues that will catapult the economic growth of the continent.

Driven by the desire to train African Blockchain engineers to solve African problems, the center aspires to create a collaborative space where multisectoral stakeholders from development partners, civil society, entrepreneurs, academia, government, the private sector and all actors in the industrial sector can harness the common good of decentralized technologies to improve health, agriculture, education, good governance, financial independence and general economic growth.

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