Friday, March 13, 2015

AfriLabs receives $23k grant from Indigo Trust

Indigo Trust has awarded a second grant of GBP15,000 (US$23,000) to AfriLabs, a network of 36 technology innovation hubs in 18 countries across Africa. Indigo Trust made its first grant to AfriLabs in 2013, and said it was delighted to continue supporting its work and that of other hubs across Africa.
“AfriLabs fulfils an important role by providing a degree of coordination and interaction between different hubs and we’re delighted to announce a second grant to continue this work. We’re delighted to be supporting this work, especially given our investment in and involvement with many of the hubs who stand to benefit from AfriLabs’ work,” Indigo Trust said.
Indigo Trust has already made grants to hubs including Co-Creation Hub, iLab, BongoHive, RLabs, iHub, JoziHub and Hypercube, and Disrupt Africa reported last month the EUR373,000 (US$432,000) Joint Hub Fund Programme it established along with the DOEN Foundation and Hivos Foundation had awarded its first four grants.

Cameroon’s ActivSpaces, Uganda’s HiveColab, Ghana’s iSpace and Tanzania’s KINU were all recipients of cash from the fund, which was established in June last year and is aimed at catalysing the continent’s technology startup ecosystem in order for it to contribute to significant social changes and create employment. 

No comments:

MTN’s Potential Exit from Nigeria: Examining the Impact of the Proposed 5% Telecom Tax

MTN Nigeria, the largest telecom provider in the country, has hinted at the possibility of exiting the Nigerian market should a proposed 5% ...