Crypto exchanges target Africa with student scholarships
Business
By
David Njaaga
| Sep 28, 2025
Kenyan students are set to benefit from cryptocurrency scholarships as global exchanges expand in Africa, seeking growth amid tightening regulations in other markets.
The programme will support at least 100 students in Kenya and Ethiopia, offering awards from Sh12,900 ($100) to Sh516,000 ($4,000) to help cover university and college costs.
Applicants are expected to pursue studies in technology, finance, or related fields, with selection based on short video submissions that outline their goals.
Analysts argue the strategy helps exchanges build trust in emerging markets where adoption is growing but regulation remains uneven.
Observers note it also blends community outreach with expansion plans.
READ MORE
Museveni: still seeking power after 40 years of rule
Phasing out 8-4-4: KCSE exams enter final stretch
Concern over growing inequality as 47,798 candidates score E
Great Wall tenants accuse management of alleged negligence
Parents worry as 8-4-4 learners face neglect amid CBE transition
State faces new IMF test as loan talks resume
Let's prioritise quality learning this year
Saudi Arabia sets executions record in 2025, putting 356 people to death
Kenya has no formal crypto regulation, though the Central Bank has warned against trading in unregulated digital assets. Draft legislation to create oversight is under review.
Bybit, one of the world’s largest cryptocurrency platforms by trading volume, says education is key to building a more inclusive digital economy.
“Africa’s young population is the driving force behind the continent’s innovation and growth,” said Wilson Ogheneovo, the company’s Africa regional manager.
Built to last: How to design cities that serve generations the Abu Dhabi way
Retrofitting cities means upgrading existing buildings, infrastructure and systems to be more sustainable, efficient, resilient and healthier.From looting to grounded fleet and leasing; inside KQ's turbulence
Aircraft sent for routine maintenance are taking longer to return to service, delayed by shortages of critical spare parts.ICPAK questions Sh34 Safaricom share price in State divestiture plan
ICPAK has raised concerns over the government’s plan to sell a 15 per cent stake in Safaricom to Vodacom at Sh34 per share, questioning the valuation methodology and long-term fiscal impact.East or West? Kenya insists China trade deal on track amid US tensions
The government now says a landmark trade agreement with China remains on track, dismissing concerns that geopolitical tensions with the US have stalled the long-delayed deal.Construction costs rise 20pc on skyrocketing cement prices
The stability of the shilling, while advantageous to the sector, has not been of much relief to cushion the increasing cost of construction.MOST READ
Built to last: How to design cities that serve generations the Abu Dhabi way
REAL ESTATE