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

2015 Youth mHealth Innovation competition now on

Botswana’s 2015 mHealth Innovation Competition has been launched with much promise from those taking part to excel beyond limit.  Read More

Two African leaders unite to boost innovation on the continent

The UCT Graduate School of Business and MTN have formed a multi-million rand partnership to catalyse sustainable innovation in emerging markets. Read More

Africa 118 launches online business directory

 Ezana Raswork, founder and Chief Executive of Africa 118 You can now find local services in Uganda at the click of the button, with the launch of Africa 118’s online directory. Read More

Agriculture startups stand to win $50,000 each in seed funding

Innovators have two weeks left to apply for an accelerator programme for agriculture in East Africa.  Read More

Airtel, UP Magazine to award key change-makers

Airtel has partnered with UP Magazine to launch a first of its kind awards to reward innovative elements in Kenyan society. Read More

MasterCard launches $50m fund to boost rural financial services

The MasterCard Foundation has launched a US$50 million challenge fund to improve the lives of smallholder farmers by enabling businesses to begin or expand financial services in rural areas of Sub-Saharan Africa.   Read More

Ghanaian startup Beam heads for Seedstars World Final

Seedstars World, the most exclusive startup competition for emerging markets and fast growing startups, is bringing Ghana-based startup Beam to Geneva for its Final Event on February 4.  Read More

Minister tours Botswana Innovation Hub projects

Botswana’s Minister of Infrastructure, Science and Technology, Hon. Nonofo Molefhi, took time for a tour of some of the Botswana Innovation Hub (BIH) projects on a familiarisation mission.  Read More

Safaricom launches ideas portal

Safaricom has launched an interactive portal dubbed Zindua Café through which external innovators and developers will be able to share their ideas, applications and prototypes with Safaricom.  Read More

UCC launches 2015 ACIA awards

Uganda has launched the fifth Annual Communications and Innovation Awards, which celebrate and foster ICT innovation and achievement. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

Malawi Govt denies clinging to ‘Cashgate’ softwareMalawi Govt denies clinging to ‘Cashgate’ software

The Malawi Government will not exclude the software brand that has been in use for the country’s Integrated Financial Management System (IFMIS), but it has rejected reports implying that it is ‘clinging’ to the old system.

IN DEPTH

Kenya’s digital TV battle hots up Kenya’s digital TV battle hots up

Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.