Pan-African cryptocurrency exchange, Yellow Card, is partnering with the Web3Ladies mentorship program to provide over 500 Nigerian women with essential tech and blockchain skills. Through a $3,000 grant, this initiative is part of Yellow Card’s YC Social Good, an effort to promote financial freedom and increase access to tech resources across Africa.
The Web3Ladies mentorship program is an intensive three-month boot camp designed to train designers, engineers, and managers for the blockchain industry. Yellow Card chose to partner with Web3Ladies due to its focus on empowering women and providing greater access to training and tech resources for Africa’s young population, particularly females who face significant barriers.
Jason Marshall, COO of Yellow Card, emphasized the importance of closing the digital skills gap in Africa, especially for women and girls. He stated, “This is just one of our several efforts under the YC Social Good, our CSR initiatives, which promote inclusion and financial freedom across the continent.”
Despite Nigeria’s strong entrepreneurial spirit, only 15% of tech startup co-founders in Nigeria are women. Yellow Card aims to address this gender gap through this partnership, viewing it as an investment in the future of the African economy.
Nkechi Enebeli, Associate Program Manager for Web3Ladies, commended Yellow Card’s commitment to corporate social responsibility, emphasizing that the partnership is an investment in the future of tech. She stated, “The partnership is more than just financial support; it’s a testament to the power of collaboration.”
The Web3Ladies mentorship program spans four phases over three months, with mentees attending live classes and workshops guided by on-site mentors. It aims to equip participants with the skills needed for success in the blockchain industry.
Since its launch in Nigeria in 2019, Yellow Card has been actively supporting various projects and initiatives across the continent, contributing to education, empowerment, and technology access for youth and women.