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Kenya’s Africa Blockchain Center Raises Seven Figure Seed Investment
Kenya’s Africa Blockchain Center Raises Seven Figure Seed Investment

The Africa Blockchain Center (The ABC), a Kenyan startup focused on building technology capacity and offering blockchain solutions to key sectors announced today that it has raised a seven-figure investment from Next Chymia Consulting HK Limited, an Asian based company that provides blockchain solutions, consultancy services, and training to global entities.

The Africa Blockchain Center seeks to propel Africa into the adoption of 4IR (fourth industrial revolution) technologies by building capacity in blockchain programming and catalyzing industry readiness, offering solutions to enterprises seeking to explore the technology, and incubating blockchain startups.

The investment will help The ABC set up structures across 6 markets in Africa including, Kenya, Tanzania, Zambia, Nigeria, Uganda, and South Africa, and build a community of blockchain stakeholders for knowledge sharing and best practice guidelines.