EMURGO Africa, the investment and commercial arm of Cardano in Africa, today announced the launch of EMURGO Labs, a dedicated development entity for emerging Web3 technologies. EMURGO Labs is designed to support the growth of established and nascent Web2 and Web3 organizations. EMURGO Labs is set to spearhead the digital transformation across borders, leveraging the transformative power of the Cardano blockchain.
EMURGO Labs will serve as the central hub for fostering the growth of both established and burgeoning Web2 and Web3 organizations throughout the region. By leveraging the unparalleled power and potential of the Cardano blockchain, EMURGO Labs aims to empower innovation, facilitate cross-border expansion, and contribute to the overall expansion of the global blockchain ecosystem.
“The launch of EMURGO Labs marks a significant step forward in our mission to unlock the transformative potential of blockchain technology in Africa, Middle East and GCC,” said Ahmed M. Amer, CEO of EMURGO Labs. “Through comprehensive support services, strategic partnerships, and industry-leading expertise, I am confident that EMURGO Labs will become the premier destination for Web3 ventures seeking to thrive in this dynamic region” added Amer.
EMURGO Labs is dedicated to delivering a broad spectrum of services, meticulously designed to meet the evolving needs of the digital era, enabling organizations to seamlessly migrate from Web2 to Web3 while also enhancing and expanding the capabilities of already established Web3 entities.
- Blockchain Solutions Development: Partnering with global enterprises, startups, and accelerators, EMURGO Labs is at the forefront of investing in and developing groundbreaking blockchain solutions with real world use cases
- Custom Software Development: Tailored software solutions are crafted to drive digital transformation, propelling enterprises into the future.
- UI/UX Design: With a focus on user-centric design, EMURGO Labs ensures intuitive user experiences and sleek interfaces for Cardano blockchain applications, setting a new standard in usability and aesthetics.
Aiming to engage a broad spectrum of stakeholders, from Web2 and Web3 startups, banks, and large corporations to governments and the wider business community, EMURGO Labs is strategically positioned. By appealing to investors, blockchain enthusiasts, media, and policymakers, it is poised to become a pivotal player in the global blockchain ecosystem.
About Ahmed M. Amer CEO, EMURGO Labs
Ahmed is a seasoned investor with global expertise across the US, GCC, Africa,
Europe and MENA regions. Having managed over USD 200 million in capital, Ahmed
also strategically advises family offices, financial institutions, governments and DFIs,
and Fortune 500s including the IFC, JP Morgan Chase, UNICEF, Saudi’s SAMA and
Morocco’s Ministère de l’Industrie. Since 2015, Ahmed has been involved in frontier tech
investing including blockchain, leading SaaS and BaaS implementations in trade,
payments, mobility and fintech. Currently, Ahmed heads EMURGO Africa’s USD 100M
fund-of-funds, focusing on creating real world use cases for blockchain adoption in
web2 and scaling web3 investments cross-borders.
About EMURGO Africa
EMURGO Africa is the investment and commercial arm of Cardano in Africa and the MENA region, using blockchain technology to address challenges on the ground and empower individuals and businesses across the continent. Focused on supporting entrepreneurs in the Web 3.0 space, EMURGO Africa also provides tailored solutions for startups, corporations, and governments through EMURGO Labs to foster the development of blockchain-enabled ecosystems.
