Afribit is pioneering Bitcoin payments in Kibera, Kenya, to improve waste management and financial inclusion for residents without formal banking access. The initiative offers coding classes and compensates participants with Bitcoin for waste collection, allowing them to engage in the digital economy and gain valuable skills. The program aims to provide new employment opportunities and contribute to a thriving circular economy in the community.
In Kibera, Kenya, the fintech platform Afribit is introducing Bitcoin as a method for waste management and financial inclusion. The initiative seeks to address the critical waste disposal problems faced by the community while offering financial services to residents who lack formal banking documentation. The program emphasizes coding education and Bitcoin training, particularly targeting youth involved in waste collection.
Afribit’s innovative approach combines waste management with financial inclusion through Bitcoin payments. This initiative not only tackles local environmental challenges but also enhances economic opportunities for the residents of Kibera, providing them with essential skills and employment prospects. The integration of digital currency into the local economy represents a significant step towards inclusivity and sustainability in the region.
Original Source: www.mwakilishi.com
