The rise of cheap entry level smartphones and connected devices, instant payment systems and distribution platforms is making tech start up opportunities in Africa more viable.
Savannah Fund is a seed capital fund specializing in US$25,000-US$500,000 investments in early stage high growth technology (web and mobile) startups in sub-Saharan Africa. Initially focused on East Africa, the fund aims to bridge the early stage/angel and venture capital investment gap that currently exists in Africa.
Come hear from Mbwana Alliy, the founder and managing partner of Savannah Fund. He is originally from Tanzania and has lived and worked in 3 continents (USA, Europe and Africa). He has a Bachelor's Engineering degree from Bristol University and an MBA from Stanford Graduate school of Business. Has previous career as a systems engineer at QinetiQ in military flight testing, product manager for Excel/Access at Microsoft diving into startups as an Entrepreneur in Residence (EIR) at i/o ventures where he connected Silicon Valley to the East Africa region.