Heart of Smartness: A Tech Accelerator for Africa
JULY 20, 2012
Alliy is managing partner of the Savannah Fund , a $10 million fund that will soon begin investing in technology startups in East Africa, including Rwanda, Tanzania, Uganda and Kenya. Operating as an accelerator, starting in September it will recruit two classes of five startups per year. Africa has most of the elements required for technology innovation. What it doesn’t have is a startup culture where smart young entrepreneurs can grow their ideas into companies.