Tether and United Nations partner to protect Africa's digital economy
Tether is collaborating with the United Nations Office on Drugs and Crime to strengthen cybersecurity and protect digital assets in Africa.
Tether announced it is partnering with the United Nations Office on Drugs and Crime to strengthen community resilience, reduce cybercrime vulnerabilities and support victims across Africa.
The blockchain org said Africa is the third-fastest-growing crypto region and increasingly exposed to scams and fraud, citing a recent Interpol operation that uncovered $260 million in illicit crypto and fiat across the continent.
Tether said the work will align with the UNODC’s Strategic Vision for Africa 2030.
Planned activities include a multi-phase Senegal programme offering public cybersecurity education for youth, a bootcamp featuring a session by the Plan B Foundation, coaching, mentorship and micro-grants.
The collaboration will also fund civil society organisations providing direct assistance to victims of human trafficking in Senegal, Nigeria, DRC, Malawi, Ethiopia and Uganda, and will work with Pacific universities on youth awareness and a student competition incentivising blockchain solutions.
“Supporting victims of human trafficking and helping prevent exploitation requires coordinated action across sectors,” Paolo Ardoino, CEO of Tether, said.
Sylvie Bertrand, UNODC Regional Representative for West and Central Africa, added: “Digital assets are reshaping how the world engages with money and play a vital role in unlocking Africa’s development potential, while contributing to the United Nations peace and security agenda."
The Recap
- Tether and UNODC launch initiative to protect Africa's digital assets.
- Collaboration cites $260 million in illicit crypto and fiat uncovered.
- Senegal programme begins with learning, bootcamp, coaching and micro-grants.
