African hubs network AfriLabs and UAE-based blockchain company Vault Hill have agreed on a partnership that “sets the stage for a new era of technological empowerment, driving innovation and digital transformation across Africa and the Middle East.”
AfriLabs is a network organization committed to driving innovation and entrepreneurship on the continent by bringing together technology hubs, startups, investors, and other key stakeholders in the ecosystem. Having recently announced the admission of 16 new hubs, AfriLabs now boasts a network of 478 hubs across 260 cities in 53 African nations.
The UAE-based Vault Hill, meanwhile, is dedicated to revolutionizing the way users interact with technology, utilizing blockchain to enhance user experiences across various platforms. With a focus on innovation, security, and community, Vault Hill is committed to advancing the blockchain industry and developing technologies that create real value.
The alliance between the two organizations leverages AfriLabs’ extensive reach and Vault Hill’s cutting-edge technologies to fulfill shared objectives of technological advancement and community empowerment. This partnership will see Vault Hill act as AfriLabs’ strategic partner in the UAE, focused on fostering growth and supporting the ecosystem with advanced AI, blockchain, and immersive technology services.
“With AfriLabs’ extensive network and the successful initiation and implementation of projects worth US$33 million, this collaboration with Vault Hill is poised to amplify our impact, bringing sophisticated digital solutions to millions and further enriching the technological landscape of Africa,” said Ajibola Odukoya, COO of AfriLabs. “Our goal is to create a more inclusive and dynamic tech environment that not only drives economic growth but also improves the quality of life for people across the continent.”
Read also: AfriLabs and Saudi Ministry of Investment sign MOU to unlock potential in African tech startups.
Vault Hill’s CEO, Jimi Daodu, also expressed enthusiasm about the partnership, stating, “We are thrilled to partner with AfriLabs to bring our expertise in blockchain and immersive technologies to Africa. This collaboration is a significant step towards creating a digitally empowered future where technology serves as a bridge to greater opportunities and innovations. We look forward to working closely with AfriLabs to support and enhance the incredible work being done in African tech hubs.”
The partnership is expected to result in a series of joint initiatives, including the development of blockchain-based solutions tailored to local needs, AI-driven projects aimed at solving regional challenges, and immersive technology applications that can transform various sectors such as healthcare, education, and finance. By combining their strengths, AfriLabs and Vault Hill aim to build a robust digital infrastructure that fosters innovation, drives economic growth, and enhances the overall technological ecosystem in Africa and the Middle East.
