“Paxful” has recently announced that as part of it’s investment in Africa, it will set up a blockchain technology incubator hub in Lagos, Nigeria. This will be launched in the fall of 2018 and offer co-working environment and services such as mentorship, networking for ICO advisors, and corporate and individual training.
Ray Youssef, Paxful CEO said
“Paxful is committed to fostering economic growth in Africa and helping the unbanked and underbanked gain access to the opportunities they have been denied for so long. The incubator is simply a starting point to help driven entrepreneurs in an industry that has shattered boundaries all over the world”
Paxful also says it will sponsor blockchain and cryptocurrenciy events in Nigeria and other African countries such as Ghana and Cameroon.
Chuta Chimezie,a blockchain and crypto advocate and founder of Blockchain Nigeria Group, was hired as Regional Director of Africa and he said.
“It is a privilege to work with an organisation that believes in investing in countries with great potential such as Nigeria. Paxful’s initiatives have not only helped those in great need here but are also helping African entrepreneurs achieve their full potential. Paxful is using Bitcoin to do good in the world, and I am proud to become an integral part of that,”