Bybit, a global cryptocurrency powerhouse, and AltSchool Africa, a prominent talent development platform, announced a $100,000 scholarship fund on March 18, 2025. The fund is designed to provide 1,000 young Africans with the necessary technical skills. This partnership, which was announced at Bybit’s Dubai headquarters, introduces the Bybit Academy and utilises AltSchool’s renowned Diploma program to prepare Africa’s youth for the digital economy. This initiative could transform lives by fostering innovation and bridging the digital skills divide on the continent.
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Bybit and AltSchool unite: A $100,000 scholarship fund for tech skills
The collaboration between Bybit and AltSchool Africa marks a bold step toward empowering young Africans with a $100,000 scholarship fund. Bybit, known for its 60 million users worldwide, is investing in education through the newly launched Bybit Academy, while AltSchool Africa brings its expertise in tech training. Together, they aim to sponsor 1,000 scholarships, focusing on high-demand tech skills to prepare students for global opportunities.
AltSchool’s tech skills revolution meets Bybit’s vision
AltSchool Africa, founded in 2021, has become a cornerstone of tech education, offering courses in software engineering, data analytics, and product management. The $100,000 scholarship fund taps into this ecosystem, providing young Africans access to AltSchool’s Diploma program. Bybit’s COO Helen Liu highlighted the vision: “Through Bybit Academy and our partnership with AltSchool, we’re fostering growth and resilience with tech skills that change lives.” This synergy aims to empower a generation with cutting-edge knowledge.
The Bybit-AltSchool scholarship will benefit 1,000 students, offering more than just tuition—it includes mentorship, career counselling, and hands-on projects. Open to all Africans, this program ensures inclusivity, unlike previous efforts such as AltSchool’s Binance partnership, which excluded Nigerians. Bybit and AltSchool target youth eager to master tech skills, addressing a critical need as 230 million Sub-Saharan jobs will require digital expertise by 2030, per the International Finance Corporation.
Bybit Academy emerges as a key feature of this partnership, blending Bybit’s technological prowess with AltSchool’s educational framework. The scholarship recipients will dive into practical learning, from coding to data analysis, ensuring they’re job-ready. The initiative builds on AltSchool’s legacy, including its 2024 Binance collaboration, but scales it further with Bybit’s backing.
Strategic moves: Bybit’s scholarship amid crypto growth
Bybit’s $100,000 scholarship isn’t just altruism—it’s strategic. With Africa’s crypto adoption soaring (Nigeria ranks second globally per Chainalysis 2024), Bybit sees a dual opportunity: uplifting communities and cultivating talent. After a $1.5 billion hack in 2024, Bybit may also aim to bolster cybersecurity skills among recipients, creating a talent pipeline. AltSchool’s holistic approach ensures these scholars emerge as versatile tech professionals.
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AltSchool and Bybit’s broader impact on Tech skills development
This $100,000 scholarship fund is a launchpad for economic empowerment. Bybit and AltSchool Africa are addressing a stark reality—only two percent of Africa’s workforce currently has digital skills. With applications open at altschoolafrica.com, the program could spark a tech revolution, positioning African youth as global innovators.
The Bybit and AltSchool Africa $100,000 scholarship fund, launched on March 18, 2025, is a powerful commitment to Africa’s future. This partnership tackles the digital divide head-on by training 1,000 young Africans in tech skills through Bybit Academy and AltSchool’s Diploma program. As it unfolds in 2025, it promises to redefine education and opportunity, empowering a generation to lead in a tech-driven world.