Cryptocurrency exchange Bybit has announced humanitarian assistance to address the aftermath of flooding in the Eastern Cape, South Africa.
Bybit’s Humanitarian Help
Bybit, the world’s second-largest cryptocurrency exchange, has announced its support for communities affected by severe flooding in the Eastern Cape, partnering with Gift of the Givers. This initiative aims to aid recovery and assist those who have faced difficult times and lost their homes.
Eastern Cape’s Condition After the Floods
Since June 2025, the Eastern Cape has faced heavy rains leading to flooding and landslides. These disasters have caused widespread destruction to infrastructure and forced thousands of people to evacuate their homes. The South African government has declared a state of disaster, with recovery efforts ongoing.
Quotes from Bybit and Gift of the Givers Representatives
"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."
"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.
Bybit’s humanitarian support reflects a broader strategy aimed at improving living conditions in communities facing crises.
