The Africa Blockchain Center closes a 7-figure seed round

The Africa Blockchain Center was inaugurated a while ago as part of the pan-African venture building studio Adanian Labs. The firm is now planning to contribute to the growth of blockchain’s potential across Africa.

ABC has raised an undisclosed amount in capital and has decided to focus on spreading its operations in six different countries in Africa.

The Kenya-headquartered startup launched with a vision to develop and grow Kenya’s technological capacity, specifically through the provision of blockchain solutions to improve the mode of operation in various key sectors.

The firm’s 7-figure seed investment was raised from Next Chymia Consulting HK Limited – an Asian company that offers blockchain solutions and consultancy services and also helps to train global corporations.

With the latest capital injection, ABC is to invade 5 more markets in addition to Kenya, including Nigeria, Zambia, Uganda, and South Africa. The goal is to foster a new community of blockchain stakeholders predicated on knowledge sharing and the exchange of best practice guidelines.

Irene Kiwia (ABC’s founder) said, “We aim to train 10,000 blockchain programmers, 5000 business leaders and executives on blockchain readiness, incubate 50 blockchain startups, and launch robust solutions for the market in the next 2 years.”

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