Yellow Card, a Pan-African cryptocurrency exchange and fintech company, has teamed up with the Web3Ladies mentorship program to empower over 500 Nigerian women with vital tech and blockchain skills. This partnership, rooted in Yellow Card’s Social Good initiative, aims to promote financial inclusivity and democratize access to tech resources across Africa.

The Web3Ladies mentorship program offers a comprehensive three-month boot camp designed to nurture talents in the blockchain industry, providing tools and resources for success after training. The collaboration with Web3Ladies highlights Yellow Card’s commitment to breaking down barriers and facilitating access to training and tech resources, with a particular focus on women.

By 2030, an estimated 230 million jobs in Sub-Saharan Africa will require digital skills, but UNESCO reports that only 30% of women receive STEM training. Yellow Card’s Social Good Initiative aims to bridge this digital divide, preparing young African talents to shape the continent’s future.

Jason Marshall, Chief Operating Officer of Yellow Card, emphasized the company’s dedication to transforming lives across Africa through partnerships and programs focusing on financial inclusion, youth empowerment, education, and innovation. He highlighted the significant obstacles women and girls face in accessing technology and digital literacy education, underscoring the decision to grant Web3Ladies $3,000 for their mentorship program as part of Yellow Card’s Corporate Social Responsibility (CSR) initiatives.

Despite Nigeria’s vibrant entrepreneurial spirit, only 15% of tech startup co-founders are women, and gender inclusivity remains a challenge in the tech and blockchain sectors. Yellow Card’s partnership with Web3Ladies represents an investment in empowering more women, with the belief that this will have positive economic implications for Africa.

Nkechi Enebeli, Associate Program Manager for Web3Ladies, praised Yellow Card’s grant as a testament to their commitment to corporate social responsibility and emphasized the transformative power of collaboration.

The Web3Ladies mentorship program spans four phases over three months, offering live classes, workshops, and work tools like laptops, inverters, and MiFis to graduates, ensuring their continued success.

Yellow Card, which was founded in Nigeria in 2019, has committed significant funds to various projects and initiatives in Africa, focusing on education and empowerment.

This partnership underscores the importance of empowering women in the tech industry, bridging the gender gap, and fostering greater diversity and inclusivity in the blockchain and cryptocurrency sectors.