Cardano Penetrates into Africa With Public Partnerships

Cardano Penetrates into Africa With Public Partnerships

Cardano CEO, Charles Hoskinson, announced this week that they have signed a memorandum of understanding (MOU) with the Government of Ethiopia to train developers in the use of its blockchain technology. 

An agreement was signed with the Ethiopian Ministry of Science and Technology (MoST) and will therefore focus on the application and development of Cardano’s blockchain technology within the country’s agriculture and technology sectors.

The news was released following a high-level consultative forum hosted by the Ministry on Thursday where the directors of Cardano were invited to give a presentation on the Cardano product suite.

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Although no fixed dates were confirmed for the training program to begin, an article on the MoST website by John O’Connor, Cardano’s Director of Operations in Africa, suggested that they “expect the first cohort of Ethiopian developers to be contributing to Cardano code by the end of the year.”

This initiative follows on from similar educational initiatives by Cardano in Greece and a successful training courses in Barbados where the “training is free, without obligation, and delivered by leading academics in the field.”

Around 70% of the students who completed the Barbados scheme were hired by Cardano to operate locally, with most of the remainder using the knowledge gained as a springboard into further education.

The company’s increasing visibility within the public sector is one of a number of contributing factors which have led to significant price increases recently in the Cardano ADA token.