Lorraine Marcel: Bringing Bitcoin to African Women

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Frank Corva is a writer and analyst for digital assets at Finder.com. As someone who’s lived and traveled all over the globe, he loves the idea of the world being connected by Bitcoin (BTC) — a neutral, apolitical, secure and borderless network and digital currency.

In mid-2022, Lorraine Marcel was struggling to make ends meet as an events planner in Kenya, her home country, when a client asked her to organize a Bitcoin meet-up. She was already familiar with crypto, but didn’t see assets like bitcoin as anything other than speculative tools.

“I wanted to create a community where ladies can come and converse, communicate and engage in financial matters without feeling intimidated, without feeling some sense of fear, and then try to grow their confidence to contribute in the financial space.”, a program that not only teaches African women about Bitcoin and finance but also provides a safe space for them to bond and support one another.

I wanted it to be more community-based, because we already have a lot of educational materials out there. I wanted it to feel more sisters. I saw a problem, and I was like, ‘Okay, so if this is supposed to help me as an African female, then it can also help my sisters.’ All I knew was I wanted to do something, and I wanted my sisters to be involved.

You mentioned that you want to build up women’s confidence so that they can contribute in the financial space, and you’ve actually helped some women get placed in jobs after they graduate from Bitcoin Dada. Can you tell me more about this? You’ve started getting attention internationally. Was this unexpected and what have been some other unexpected parts of this journey?

Lorraine Marcel with Kgothatso Ngako, founder of Machankura, at an event for Machankura in Kenya that Marcel hosted

 

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