Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

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.

Africa 109

Counting On ‘Social Capital’: The New Way To Evaluate Entrepreneurial Worth

YoungUpstarts

In a 3-year examination of the challenges faced by skilled entrepreneurs with highly developed social capital operating in geographies with underdeveloped ‘financial capital’ markets, the dislocation between the two proved to be profound and stifling. For the last two years the company has been measuring and scoring the social capital of entrepreneurs in Kigali, Rwanda. by Chris Hale, CEO and Founder of kountable, Inc. Entrepreneurs hustle. It’s part of the deal—table stakes.

Rwanda 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

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.

Heart of Smartness: A Tech Accelerator for Africa

ReadWriteStart

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.

What the Elephant God Can Teach Tech Entrepreneurs

thebarefootvc

Large Flapping Ears: Last year when I was in Rwanda I wrote a post on the importance of listening. Focus is key to successful execution and is why visionary founders with great ideas are often paired with more operational leaders. This weekend I was at a family celebration in New Jersey and spent some time with an uncle who is a chemical engineer by training but also well versed in the Vedas, the ancient Hindu scriptures.

Leapfrogging into the Future

thebarefootvc

And furthermore, why shouldn’t the transactions be cross-border and interoperable, and not dependent on a specific mobile operator? Now, almost ten years later, sub $25 smartphones are broadly available there, and mobile operators in the Burmese market are focused only on smartphone applications for the networks – not even SMS messaging. We live in strange times, and sometimes it seems that the world is spinning backwards.

Leapfrogging into the Future

thebarefootvc

And furthermore, why shouldn’t the transactions be cross-border and interoperable, and not dependent on a specific mobile operator? Now, almost ten years later, sub $25 smartphones are broadly available there, and mobile operators in the Burmese market are focused only on smartphone applications for the networks – not even SMS messaging. We live in strange times, and sometimes it seems that the world is spinning backwards.