The $5 million isn't just a lump sum. It's a strategic arsenal of grants, builder programs, technical resources, and venture capital investments. This multi-pronged approach aims to address key challenges faced by African Web3 builders, including:

Funding constraints: Grants and VC investments provide much-needed capital to get projects off the ground.

Technical expertise: Builder programs and resources equip developers with the skills and knowledge to navigate the complex Web3 landscape.

Localized data and insights: Understanding local needs and regulations is crucial for building impactful solutions.

Reasons to be Bullish: