{"id":13312,"date":"2021-10-18T13:54:12","date_gmt":"2021-10-18T13:54:12","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/cardano-subsidiary-emurgo-in-partnership-with-pan-african-venture-studio\/"},"modified":"2021-10-18T13:54:12","modified_gmt":"2021-10-18T13:54:12","slug":"cardano-subsidiary-emurgo-in-partnership-with-pan-african-venture-studio","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/cardano-subsidiary-emurgo-in-partnership-with-pan-african-venture-studio\/","title":{"rendered":"Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio"},"content":{"rendered":"<p><strong>Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably.<\/strong><\/p>\n<h2>Financial and Educational Empowerment via the Blockchain<\/h2>\n<p>According to a <a href=\"https:\/\/www.africanews.com\/2021\/10\/15\/adanian-labs-partners-with-emurgo-africa-to-scale-blockchain-start-ups-in-africa\/\">statement<\/a> issued by Adanian Labs, the goal of this partnership arrangement is to bring financial and educational empowerment via Cardano\u2019s blockchain platform to the billions who lack these opportunities. \u201cThis investment is part of <span class=\"caps\">EMURGO<\/span> Africa, a subsidiary of <span class=\"caps\">EMURGO<\/span>\u2019s new $100 million Cardano ecosystem investment vehicle,\u201d the statement details.<\/p>\n<\/p>\n<p>In his comments following the announcement, John Kamara, CEO of Adanian Labs, commends the partnership arrangement which he believes will help sustain economies that have limited resources. He explained:<\/p>\n<p>We aim to build 300 tech-powered, impact-driven start-ups by 2025. We are passionate in our drive to create \u2018CAMELS\u2019 strong, resilient companies, entrepreneurs and youth who will sustain African economies, even with limited resources.<\/p>\n<p>Kamara emphasizes that this partnership will also help forge more efficient collaborations that will enable Adanian Labs to build quicker, scale faster and optimize capitalization. This, in turn, would ostensibly result in an outcome that benefits the entire ecosystem.<\/p>\n<p>Ken Kodama, CEO of Emurgo, claims the partnership will help provide the Cardano subsidiary with a great framework to launch in Africa.<\/p>\n<p><em><strong>What do you think about this partnership arrangement? You can share your views in the comments section below. <\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nAnnouncements, Adanian Labs, Blockchain, Cardano, emurgo, financial empowerment, fintech start-up, John Kamara<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational Empowerment via the Blockchain According to a statement issued&hellip;<\/p>\n","protected":false},"author":0,"featured_media":13313,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13312","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13312"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13312"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13313"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}