Botswana approves Innovation Fund

INNOVATIONS

|
Image: By BiztechAfrica
Botswana approves Innovation Fund

By John Churu, Gaborone, Botswana

The Botswana government is making concerted efforts to catch up with other countries in Africa like Rwanda and South Africa, who are speeding ahead in the faculty of Information and Communication Technology (ICT) by making appropriate and enabling legislature towards that.

Speaking during the just ended 12th Southern Africa Research and Innovation Management Association Conference (SARIMA) Professor Torto of Botswana said parliament has already approved a National Innovation Fund which will provide seed and early stage funding for technology based start-ups and ventures as well as established companies with viable innovation concepts.

Torto said in this day and age science engineering technology and Innovation (SETI) “hold answers to new complex challenges that governments are facing. He commended the host country Botswana for making significant strides in mapping the landscape of science, technology and innovation in short (STI) so as to embolden national frameworks.

In this light, according to Torto, the country was poised to tackle impossible decisions as well as reform and upgrade the country’s science systems and also build capacity for monitoring and evaluating performance.

“Over the past 60 years both developed and developing countries have recognised this fact by increasing the number of SETI government bodies, establishing new SETI legal frameworks as well as implementing a diverse set of new SETI policy instruments,” said Prof. Torto.

To date, Botswana has invested in two new institutions of higher learning which in their nature are public universities. One of these focuses on science and engineering while the other takes the agriculture and natural resources slant. In this regard, Torto said building a sound higher education system has now become a “national priority.”

He said although funding and financing research and innovation was an expensive enterprise, it was critical for both Botswana and other countries to build an inclusive and diverse knowledge society.

The objectives of the 12th SARIMA conference were to develop the discipline of research and innovation, including professional development promotion of best practices in order to foster and coordinate activities related to research and management  at local, national, regional as well as international level.             



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE INNOVATIONS NEWS

BIH Science, Technology Park opening in 2016

The Innovation Hub conceived Science and Technology Park, which is being constructed on the fringes of the Botswana Diamond Park and Sir Seretse Khama International Airport, is expected to be ready for use during the current year.  Read More

Nigerian students in electric car crowdfunding drive

A group of Mechanical Engineering students from the University of Lagos has launched a crowdfunding campaign to support development of a zero-emission automobile built to reduce global warming. Read More

Government upbeat about hosting the IPA awards

Botswana is celebrating 50 years of independence in September this year and the pronouncement that the country is going to host the the 5th Innovation Prize for Africa event in Gaborone in the same year is a welcome development.  Read More

Innovation Prize for Africa 2016 comes to Botswana

Botswana has won the bid to host the fifth annual Innovation Prize for Africa (IPA). IPA is a landmark programme of the African Innovation Foundation (AIF), whose purpose is to increase the prosperity of Africans by catalyzing the innovation spirit in Africa.  Read More

Volvo Cars, Ericsson developing intelligent media streaming for self-driving cars

Volvo Cars is looking ahead to when its drivers can sit back and enjoy free time in their car on the daily commute. Read More

BITRI sets new research targets

The Botswana Institute for Technology Research and Innovation (BITRI) is already looking into 2016 with a cocktail of new research projects that will set apart the institution as the leader in innovation in the country.  Read More

Royal Click to connect municipalities with the people

Royal Click has come up with an innovative application that helps local authorities and residents solve issues that affect them on a daily basis.  Read More

Asos launches MyGiftArena to simplify voucher usage

MyGift Arena’s James Etim, Tolulope Osibote, Abidemi Banjo and Fabian Onebunne Asos Technologies Limited (Asos), has launched 'MyGiftArena' vouchers, a service that provides hassle free options of giving out gifts. Read More

Facebook brings Internet.org Innovation Challenge to Africa

African developers working to deliver apps, websites and services for education and economic empowerment stand to win $150,000 awards in two categories. Read More

Airtime exchange app wins regional Ericsson Innovation Awards 2015

Team Chura from Kenya has won first prize in the sub-Saharan Africa region for their app that allows airtime switch between mobile networks. Read More

PRESS OFFICES

Sage EnterpriseSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4AfrikaNetworks Unlimited

FEATURED STORY

Viber Spreads Good Vibes in Africa with the introduction of public chats Viber Spreads Good Vibes in Africa with the introduction of public chats

Viber, one of the leading messaging and calling apps with more than 664 million unique users worldwide, has opened its latest social channel ‘Public Chats’ to partners in Africa and the Middle East. 

IN DEPTH

Poised for greater heights – Roshi Motman, AfricaCom CEO of the Year WinnerPoised for greater heights – Roshi Motman, AfricaCom CEO of the Year Winner

Roshi Motman is not your average CEO. Since taking up the reins as the first female CEO of Tigo Ghana in 2014, she has led the Tigo brand through a remarkable transformation.