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₿trust, a non-profit organization funded by Twitter (now X) co-founder and Bitcoin (
$78,761.00 ) (BTC) advocate Jack Dorsey, is scaling up its programs in Africa with a new acquisition.
The non-profit has acquired Qala, an organization dedicated to training Bitcoin ( $78,761.00 ) and Lightning engineers in Africa. The acquisition will help ₿Trust succeed on its mission to drive the development and education of Bitcoin ( $78,761.00 ) open-source engineers from across the Global South, the organization said in a joint announcement.
As part of the transaction — which was completed on Sept. 1 — Qala will rebrand as the ₿trust Builders Programme. Founded in 2021, Qala has been engaged with sourcing, training and matching African software developers with global Bitcoin ( $78,761.00 ) firms, helping them obtain the most relevant skills in the global Bitcoin ( $78,761.00 ) ecosystem.
A rebranding notice on Qala’s website. Source: Qala
According to the announcement, Qala has built one of the biggest online communities of Bitcoin ( $78,761.00 ) developers in Africa spanning over 42 countries including Nigeria, Kenya and Uganda. The programs’ alumni have secured roles at the firms like the Bitcoin ( $78,761.00 ) -native banking platform Galoy in the Cloud Galoy, the Lightning Network-based messenger SphinxChat, and the peer-to-peer platform Bitnob, in addition to open-source grants from ₿trust and Superlunar.
Under the acquisition terms, Qala CEO Femi Longe and programme manager Stephanie Titcombe will officially join ₿trust as programme leads at ₿trust Builders.
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“We’re incredibly proud to welcome Femi and his excellent team to ₿trust,” ₿trust board member Ojoma Ochai said, adding that the Qala has made “rapid progress in driving open-source development in the Global South.”
Dorsey announced the creation of the Bitcoin ( $78,761.00 ) development trust ₿trust in February 2021, aiming to fund Bitcoin ( $78,761.00 ) development around the world. Worth 500 BTC, or $23.7 million at the time of the announcement, the non-profit initially focused on teams in Africa and India. Apart from Dorsey, the trust was initially funded by crypto-friendly artist and producer Jay-Z. The non-profit is currently headed up by a board of directors including Abubakar Nur Khalil, Carla Kirk-Cohen, Obi Nwosu and Ochai.
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