Africa’s digital economy is booming, but a significant skills gap threatens its growth. A new partnership between Binance and AltSchool Africa aims to bridge this gap by providing 500 full scholarships to young Africans, fostering talent in fields like software engineering, cybersecurity, and content creation.
The details
- The scholarships will cover tuition for AltSchool Africa’s diploma programs and short courses, focusing on in-demand skills needed in the global job market.
- Beyond coursework, recipients will access mentorship, career support, and hands-on training to ensure they are industry-ready.
- Applications are open now, with programs set to run from January to December 2025.
The big picture
- According to the International Finance Corporation, 230 million jobs in Sub-Saharan Africa will require digital skills by 2030, but currently, only 2% of the workforce has them.
- This partnership underscores Binance’s commitment to education as a driver for economic transformation, aligning with its broader social impact agenda.
What they’re saying
- Samantha Fuller, Binance spokesperson: “Investing in education means investing in the future of Africa. We’re thrilled to help shape the next generation of innovators and leaders in tech.”
- Nifemi Akinwamide, AltSchool Africa: “This collaboration expands our reach and impact, empowering passionate young Africans to thrive in the digital economy.”
Interested students can apply for the scholarship here
