Cardano ($ADA) Founder Charles Hoskinson Signs MOU With Government of Brundi

Charles Hoskinson, Co-Founder and CEO of IOHK, the company responsible for building Cardano ($ADA), announced yesterday (October 26) that he had signed a memorandum of understanding (MOU) with the government of the Republic of Burundi. 

An MOU is “an agreement between two or more parties outlined in a formal document.” Although “it is not legally binding”, it does demonstrate “willingness of the parties to move forward with a contract.”

Here is how the IOHK CEO announced the news about this agreement with the small central African nation:

Interestingly, around eight hours earlier we got a hint that a deal between IOHK and the government of Brundi was imminent after Hoskinson tweeted that he had changed his Twitter profile photo to a photo of one of his meetings with Évariste Ndayishimiye, who is the President of Brundi:

Hoskinson had tweeted about this meeting (which was all “about the future of Burundi’s digital transformation”) a day earlier:

And before Hoskinson arrived at Brundi, he was in Zanzibar, meeting with President Hussein Ali Mwinyi, as part of his tour of Africa.

Yesterday, Tamara Haasen, Chief of staff at IOHK, explained that the meeting with Zanzibar’s president had been arranged thanks to help from Africa-based blockchain-powered mobile network World Mobile ($WMT):

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