After a two-week excursion to Wyoming, Charles Hoskinson has begun the Cardano Africa trip with an aim to revolutionise blockchain technology in the continent.
The CEO of IOHK and Cardano founder is meeting with heads of countries such as South Africa, Kenya, Burundi, and the self-governing state of Zanzibar, where Hoskinson posted pictures of his meeting with the latter’s 8th president Hussein Ali Mwinyi.
And before Burundi, we had a wonderful meeting about the Blue Economy with President Hussein Ali Mwinyi in Zanzibar. pic.twitter.com/jOqUmj0VeB
— Charles Hoskinson (@IOHK_Charles) October 25, 2021
Along with meeting the continent’s top politicians, Hoskinson plans to meet with the start-ups building on the Cardano blockchain in a continent that he believes will play a big role in the global future – a sentiment he shared at the Cardano Summit 2021.
Cardano’s plans in Africa has been significantly boosted by the $100m investment from EMURGO, the blockchain technology firm, as they plan to improve DeFi and provide blockchain and IT education across the continent.
Cardano has already established IT education in Ethiopia, enjoying a partnership with the government in the East African country.
Hoskinson said the investment will play a big part in the future of Cardano.
“EMURGO’s investments will help to shape the future of the Cardano ecosystem, growing smart contract capabilities and partnerships across the globe,” he said.
Was Zanzibar targeted by Hoskinson?
There hasn’t been an official explanation as to why Hoskinson has specifically chosen the countries he did to visit but the trip to Zanzibar may have extenuating circumstances.
IOHK teamed up with World Mobile Group to “democratise access to digital, financial and social services in Africa” in Zanzibar and Tanzania.
World Mobile Group has planted roots in Tanzania, providing solar-powered energy to an entire village of around 200 people.
While World Mobile will use Cardano to provide sustainable Internet connectivity to its users in Tanzania, IOHK will acquire a 10% equity stake in the company.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.