The BAFCID Initiative

BAFCID is the innovation support arm of Sivan , Nigeria’s Blockchain association. Launched at the Maiden P2P Conference 2022, BAFCID mission is to support blockchain and crypto innovations by creating avenues for access to funds and supporting project development, particularly local projects across key industries in order to secure Nigeria future in blockchain technology.


To promote local innovators in Nigeria’s emerging blockchain Industry for global competitiveness and relevance


To serve a leading platform through which new and upcoming blockchain technology innovators in Nigeria will have the opportunity to access adequate support , including funding, in a structured manner towards the development of their blockchain technology projects. To realize this mission, BAFCID will partner with incubators, accelerators, Huns, venture capitalists, and other strategic stakeholders who support blockchain & crypto innovation, funding and development



  • As the innovation arm of SiBAN, Nigeria’s Self Regulatory Blockchain association and the best blockchain association in Africa (Nigeria’s FinTech Week 2021) , you can be rest assured that you are in the right company.
  • BAFCID’s project review process offers your project useful feedback, guidance, and advice regarding building your project, based on our collective expertise and experience.
  • If your project is considered eligible, BAFCID provides your project with opportunities for funding from our local and foreign funding partners.
  • When you work with BAFCID, your project, if found eligible, will enjoy endorsements and support from blockchain industry stake holders in the SiBAN community, giving your project a huge boost

If you have any enquirers, including interest in partnering with BAFCID, please contact