Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a humanitarian donation to support communities affected by severe flooding in South Africa’s Eastern Cape province. In partnership with Gift of the Givers Foundation, one of Africa's largest disaster response NGOs, Bybit aims to assist with recovery and rebuilding efforts following devastating floods that have resulted in significant loss of life and displacement of thousands.
This initiative underscores Bybit’s ongoing commitment to social responsibility and supporting communities in crisis worldwide. The Eastern Cape, with its infrastructure severely damaged and essential services disrupted, faces a challenging path to recovery. Bybit’s contribution will directly bolster Gift of the Givers’ campaign to “Rebuild Flood-Stricken Communities in the Eastern Cape.”
“At Bybit, we believe our responsibility extends beyond innovation in finance,” said Wilson Ogheneovo, Head of Africa at Bybit. “We are deeply saddened by the tragedy unfolding in Eastern Cape and stand in solidarity with those affected. Through our support of Gift of the Givers, we hope to contribute meaningfully to the relief efforts and help restore dignity and hope to families who’ve lost everything.”
Since June 9, 2025, the Eastern Cape has experienced torrential rain, floods, and landslides, leaving entire communities submerged and stretching rescue operations due to limited resources. The South African government has declared a state of disaster, with recovery operations ongoing in some of the country’s most vulnerable areas.
“Rebuilding lives goes beyond bricks and mortar; it’s about restoring dignity and re-igniting hope,” said Badr Kazi, Director of Strategic Partnerships, Corporate and Government, of the Gift of the Givers,. “We are grateful for Bybit’s generous support, which allows us to extend critical relief and infrastructure restoration to those who need it most. Partnerships like these make our mission possible.”
This humanitarian action reflects Bybit’s broader mission to empower communities through impactful initiatives—whether by building financial freedom through Web3 or extending a helping hand in times of crisis.
Bybit Fintech FZE is a Juristic Representative of Altify SA Capital (Pty) Ltd, an authorised financial services provider (FSP no. 52727), ), registered under South African company number 2022/321703/07.
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