However, many believe that the region is yet to tap into its full potential, that is, leveraging blockchain technology to build a solid ecosystem. As a result, there has been an increasing global interest in Africa recently, with many prominent investors and companies looking to invest in this promising continent.
LBank has set up shop in various locations across Africa as pioneers of the next generation of crypto and blockchain users, collaborating with other African ventures such as Adanian Labs who share a similar desire to help these countries realise their full potential.
Specifically, Adanian Labs is a Pan African venture building studio with a mission to build, incubate and launch impact-driven technology companies and entrepreneurs working to solve some of Africa’s most pertinent challenges.
To commemorate the commencement of this joint enterprise, LBank CEO Allen Wei and COO Shantnoo Saxsena are in Kenya to kick off the maiden edition of its venture into Kenya.
The LBank team alongside the Cardano ecosystem team inaugurated the commencement of the ‘Crypto Accelerator Program’ launch with a panel discussion of how Africa can benefit from becoming developers of good use cases that will set it out on its path to becoming the blockchain centre for NFTs, GameFi and metaverse.
The event and workshop also saw many technology-based startups with a prototype to develop a commercially viable product pitch in front of a panel of VCs and industry experts.
The LBank CEO took the opportunity to make it known that the crypto exchange will continue sealing strategic partnerships. He adds that LBank is open to meeting different organisations and institutions to learn about how they can tailor the goods and services to better serve Africa.
With its commitment to engaging in community building and education, the top crypto exchange will support these startups in their optimum capacity. Hence, LBank is setting the pace for a whole new level of tech development in Kenya.
Consequently, a series of meet-ups dubbed ‘LBank and Adanian Crypto Days‘ will take place across Africa each month.
Above all, LBank will continue to build relationships with the community and help spread knowledge of crypto and blockchain across Africa. In addition, the globalisation program will help many African countries to see the dawn of a new era.