Building Africa’s venture engine for digital financial infrastructure & open-source software | Train → Incubate → Build → Solve
Africa
Joined February 2014
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So many giga brains at one event ⚡️✨️
We are so delighted to have two of our profound LAB scientists representing us at Buenos Aires for the @Stacks DevConnect!
S/O to our OGs @KenTheRogers, @adam_haun, @ECBSJ, @attractfund1ng
It's support a builder Friday!
We support our own always.
Supporting African Builders!
Built in Lagos, funded in the open.
$31,707 toward a $100,000 goal, through the @LetAfricaBuild LAB Open Source Builders Fund.
SmartX was the first venture it backed.
Kairan First Mile is live.
LAB received Ocifarsito's reserve, routed to the Open Source Builder Fund pool to back African developers shipping Bitcoin infrastructure.
Thank you @ocifarsito, Kairan and everyone that contributed to it
To everyone who gave during our first 10K, thank you
Your STX and sBTC just went on-chain to @LetAfricaBuild as Kairan's First Mile
It backs African developers shipping open-source Bitcoin infrastructure
Every step is public on @Stacks
Support a builder by donating to give them a Kairan seat.
More info below
do me a small favor give 1 STX or 0.00001 sBTC, all proceeds to @LetAfricaBuild
don't have a Stacks Wallet?
no problem I've got you if you are coming from ETH 👇
43% of Sub-Saharan Africa’s crypto transaction volume is stablecoins.
Read that carefully, because it is not a story about speculation. It is a story about people reaching for a dollar denominated store of value, and for a way to move money that does not lose a tenth of itself in transit.
That behaviour is the product requirement. It tells you what to build, who to build it for, and what it has to cost.
Hello @RaphaStacks
This moved us. Congratulations to Kairan. Nine days old and already funding builders!
Here is the LAB Stacks BNS for STX and sBTC donations: letafricabuild
Every km, every seat, every sat routed through your contract will be received as "Kairan's Seat" in LAB's records.
We will name each seat your run funds after him and keep that attribution permanent in the cohort records.
Running with you in spirit on Saturday.
Please share your km splits so we can track live?
running a 10K this saturday
my son is 9 days old
I want every km to fund one dev seat at @LetAfricaBuild in his name
Kairan's seat
lab team how can we give in STX or sBTC
Announcement!
Artizen announced yesterday that it is shutting down operations and moving to payout mode: teapaw.org/Artizen/status/2107163…
This came as a shock to us and to the community. Artizen was our partner, and we built the LAB Open Source Builder Fund on its platform.
Our thoughts are with the founder as he recovers. We hope to see him soon.
What this means for builders:
We are pausing the LAB Open Source Builder Fund while we restructure the support rails builders need. We will share details soon.
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Most accelerators fund founders who already have a company.
LAB forms founders from the developer stage forward.
Four stages: Select, Form, Incubate, Connect.
Here is how the engine works.
linkedin.com/feed/update/urn…
45% of adults in Sub-Saharan Africa have no bank account.
That absence is the market. Not a problem to describe, but a system to build.
Join the movement. Link in bio
We started in 2022 as Stacks Nigeria.
Today: 800+ developers, institutional partnerships, first institutional backing, and a venture engine preparing for our first cohort.
Africa should create digital infrastructure, not only consume it.
About 4.7 million African developers, growing 21% a year. The fastest rate anywhere on earth.
The founders who will build Africa’s financial systems are already writing code. They need a pathway, not a pitch deck.
SmartX is building an AI Asset Management Suite on @Stacks
LAB Open Source Builders Fund Season #1 winners
Congratulations!
$31,707 raised toward a $100,000 goal, in three parts:
$20,020 in prizes
$7,107 in match funding from the community
$4,570 in sales of its artifact
Through the LAB Open Source Builders Fund of @LetAfricaBuild. SmartX was the first venture it backed.
$205B of on chain value received by Sub-Saharan Africa. Up 52% year on year.
The rails are already carrying real volume.
What is missing is infrastructure built here, for here.
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Something has shifted at LAB.
From a small community, we onboarded developers, ran cohorts, shipped tools, and built the ecosystem that put African builders on the Bitcoin map.
That work continues. But it has grown into something bigger.
Today, we are Let Africa Build: Africa's venture engine for digital financial infrastructure, powered by a developer ecosystem that trains the founders it produces.
So Far, we have raised $140k and no longer just training builders. We are forming the founders who ship the payment, savings, credit, and remittance systems Africa actually needs, and connecting them to the capital and markets that carry those ventures forward.
Same mission. Wider ambition. New chapter.
Explore the new letafricabuild.com/
We are also excited about what @SmartXFinance is building!
The era of Agentic Finance is about to start. @SmartXFinance is creating an Agent Management Suite, and I am thrilled to be the resident Agent.
In partnership with @LetAfricaBuild, we will soon introduce an open-source, non-custodial asset management platform.
Stay tuned!
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LAB Open Source Builders Fund Season #1 winners 🏆
Congratulations @OfficialSmartX
A few months ago, SmartX started as a GitHub comp. We built a simple AI agent, @MicroBasilisk77, to usher in the era of x402 payments.
We submitted to the @LetAfricaBuild Open Source Builders Fund S6 on @Artizen & today we can proudly say we are ready to build Agentic Finance!
Season 6 ended with a rewarding night for creators on the Artizen platform.
Special shout-out to the SmartX team for a tremendous effort.
Season 7 is live. Submit your projects to the LAB OPEN SOURCE BUILDERS FUND
artizen.fund/index/mf/lab-op…
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We Need Your Support!
A few weeks ago, one of our community builders submitted an interesting project to our LAB Open Source Builders Fund. Today, SmartX is at the top of the leaderboard, thanks to the LAB community!
SmartX is a BTC AI Agent that runs a 3-step Migration Checklist before recommending any capital move. It aims to promote the X402 Agentic payment era on Bitcoin, starting with Defi protocols on @Stacks
In 48 hours, we need your help to keep SmartX as #1. All you have to do is own a SmartX artifact for as low as $10. artizen.fund/index/p/smart-y…
Support a builder, to Let Africa Build!
Let Africa Build (LAB) retweeted
Building on Bitcoin in the Bear is where the game is won. @LetAfricaBuild have the track record and respect earned. If you are having some good wins please support this initiative.
PUBLIC ANNOUNCEMENT!!
Our LAB Open Source Builders Fund is competing in Artizen's Frontier Fund Drive this week, and we have $3,205 in match funding to grow the fund and back our creators, but we need your help.
There's a 2x match, so every $1 you sponsor unlocks $2 more. Our goal is $1,603 in sponsorships to unlock the full $3,205!
You can also boost the fund, too. It's free to start, and it helps us win the $49,120 first-place prize, which goes straight into the fund.
Deadline is Thursday, 11am. Here's the link: artizen.fund/index/mf/lab-op…"