Cofounder of blockchain and cryptocurrency infrastructure firm Mysten Labs, Adeniyi Abiodun, has announced that he is teaming up with his wife Gloria Abiodun to launch a $1.3 million fund to support the training of blockchain software developers in Nigeria. 

The fund will give low-interest loans to Nigerians that want to enroll in talent development firm, Semicolon’s Techpreneurship program. 

“My wife, Gloria, and I, are launching a $1.3M fund to help aspiring software engineers in Nigeria access the training they need.” 

“Supporting Nigerian students while inviting more builders to learn the programming language that has defined my career is immensely rewarding. With the rise of AI and blockchain, we are committed to ensuring African students are high-level contributors to the global tech workforce.” 

Why this matters 

• To make up for the deficit, founders are now training talents from scratch, an endeavor that can be time-consuming and offers little rewards because they end up competing with bigger firms to retain talents. 
• The $1.3M fund launched by the Abioduns can, in the long run, help Africa churn out more developers to meet not just global demand but also the growing need for talents in African companies.