In this post:
- Bybit partners with AltSchool Africa to establish Bybit Academy in Africa.
- Bybit will provide a sponsorship fund of $100,000 to establish the Bybit Academy and offer scholarships for 1,000 students.
- The two institutions will determine scholarship selection criteria based on entrance exam scores, priority countries, gender diversity, and more.
On March 19, Bybit announced its partnership with AltSchool Africa to launch a Bybit Academy and a $100,000 fund. The firm said the scholarship will benefit 1,000 AltSchool students by enabling them to access the life-changing power of education.
The cryptocurrency exchange acknowledged that the collaboration aims to empower the next generation of innovators and leaders. The firm highlighted that the initiative will provide accessible, technology-focused education that will equip students with the skills needed to thrive in a digital economy.
Bybit partners with AltSchool Africa to launch Bybit Academy
Bybit, the world’s second-largest crypto exchange by trading volume, revealed on Wednesday that it joined hands with AltSchool to establish a Bybit Academy. The firm said the partnership will include a $100,000 scholarship fund that will benefit 1,000 AltSchool students to access quality education.
Bybit revealed that sponsored students will be selected based on established criteria, including academic performance and diversity. The firm will collaborate with AltSchool Africa to determine scholarship selection criteria based on entrance exam scores, priority countries, gender diversity, and other mutually agreed factors.
The crypto exchange also highlighted that the top 10 graduates from the program will have a chance to become Bybit Interns, Ambassadors, or ByBUILDERS. Bybit believes it will foster their professional growth and integration into the Bybit ecosystem.
Bybit also said that its product managers will facilitate sessions on technology and digital assets. The company believes it will enhance the participants’ learning experience and practical skills.
AltSchool acknowledged that it’s a global talent company that equips Africans with the knowledge, skills, and resources they need to succeed in their careers. The school maintained that it offers a diverse range of technical and non-technical diploma programs and short courses across its five schools. The programs and short courses include Software Engineering, Data, Product, Creative Economy and business. The learning institution also said it provides career counseling, mentorship, recruitment support and job placement services to ensure that skilled professionals can access rewarding career opportunities globally.
Bybit says education will propel Africa technologically and economically
Bybit noted that the need for quality education had never been more pressing as Africa continued to emerge as a vibrant hub for innovation and technology. The crypto exchange said it recognized that investing in education was a strategic imperative that fosters long-term economic growth and technological advancement in the continent.
The crypto exchange hopes the collaboration with AltSchool Africa will empower the next generation of innovators and leaders by equipping students with the skills required to thrive in a digital ecosystem.
COO of Bybit Helen Liu stated that education was a powerful catalyst for change. She believes that Africa’s young population stood to benefit from unprecedented accessibility to technology during this day and age.
“Through our partnership with AltSchool Africa and the establishment of the Bybit Academy, we are committed to providing opportunities that foster growth, innovation, and resilience. Together, we can cultivate a bright future for our communities and future-proof Africa’s talent for the digital future.”
-Helen Liu, COO of Bybit.
Bybit said that it was investing in education because “the future of Africa lies in the hands of its youth.” The crypto company believes that they can collectively build a prosperous and innovative continent by ensuring that young Africans have access to quality education and opportunities.
