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Quidax to Sponsor 100 students to meet the increasing demand for African Tech Talent

February 02, 2022 · 1 min read
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…Partners with AltSchool Africa

Cryptocurrency exchange, Quidax, yesterday announced that it would be partnering with AltSchool Africa. The partnership covers sponsoring 100 students this year to learn tech skills including software engineering and product management. As well as a paid internship with Quidax for the best graduates.

According to Quidax, the partnership aims to help bridge the gap between the growing demand for tech talent and the shortage of talents needed to meet the demand. According to Quidax CEO and Co-founder, Buchi Okoro, one of the biggest challenges they had faced in the early days was finding the right talent. 

“We believe in Africa, and for us, this partnership is an opportunity to invest in the African tech ecosystem”, the Quidax CEO added.

The demand for software engineers is expected to grow by 22% between 2020 and 2030, according to a report by the U.S. Bureau of Labor Statistics. This figure is larger than the 4% average for other careers.

AltSchool launched in October 2021 with a simple mission to provide a solution as an online school with a curriculum to improve/upskill non-technical people with technical and soft skills while partnering with higher institutions to provide diploma certificates.

Recently, AltSchool raised $1 million in pre-seed funding from inventors like; Nigerian entertainer, Folarin Falana (Falz), Akitoye Balogun (Ajebutter), and several others.

Quidax is an African-founded cryptocurrency exchange that makes it easy for people to buy, sell, store, and transfer cryptocurrencies.

Since its launch in 2018, the exchange has achieved significant milestones including over $3.2 billion in transactions in less than 3 years of operation. 

Also, the crypto start-up recently announced a brand refresh as well as the new launch of a new crypto app on both Playstore and app store.

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