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 gets IASP full membership

The annual International Association of Science Parks and Areas of Innovation (IASP) General Assembly has bestowed full membership status on Botswana Innovation Hub. Read More

Dr. Obote College School innovation wins e-Lab

An innovative automatic poultry feeding technology has enabled Dr. Obote College School to win the 2014 Science and Technology innovations Challenge (STIC). Read More

MTN joins forces with AMPION to develop entrepreneurial talent in Africa

MTN has joined three leading global technology companies as sponsors of this year’s AMPION Venture Bus, which seeks to enable entrepreneurial talent in Africa to develop innovative solutions on the continent by making best use of the power of mobile technology. Read More

Ministerial Forum on Science, Technology and Innovation in Africa underway

The Second Ministerial Forum on Science, Technology and Innovation (STI) in Africa is underway at the Hassan II Academy of Science and Technology in Rabat, Morocco, to discuss boosting science and technology in Africa.  Read More

Rwandan incubator think selects startups from four African countries

Tigo-owned Kigali-based technology incubator think has announced the first four companies selected for support, with the winners to be offered US$15,000 in funding, access to Tigo networks across Africa, mentoring and business development education. Read More

TA Telecom on mobile mission to map identity of Africa

In what is described as the first Big Data project of its kind in Africa, TA Telecom's Nafsi anthropological survey is now underway in Egypt, Kenya, Uganda and South Africa. Read More

Lenovo Innovation Centres to bridge university tech divide

The Durban University of Technology (DUT) and Lenovo, the world’s No.1 PC vendor, will launch South Africa’s first Lenovo Innovation Centre; a state of the art walk-in centre aimed at increasing the University’s interactivity with the latest technology.   Read More

Philips, PET to commercialise Wind-Up Fetal Heart Rate Monitor

Royal Philips has announced a partnership with South Africa based not-for-profit organization, PET (PowerFree Education Technology), to further develop, test and commercialise a Wind-up Doppler Ultrasound Fetal Heart Rate Monitor. Read More

KPMG: ‘disruptive trio’ to have greater impact

3-D printing, Internet of Things and biotech/healthcare IT are gaining momentum as top disruptive technologies, says KPMG.   Read More

African startups fast-tracked by Microsoft’s second round of innovation grants

Microsoft Corp. today announced seven new African startups to receive funding, technical support and mentorship to fast-track their growth and provide a roadmap to  highlight Africa’s ‘future  growth pole’.  Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionSage HR AfricaMTN BusinessSchneider ElectricMultichoice

FEATURED STORY

Growing African focus on data securityGrowing African focus on data security

Beachhead Solutions’ new SA and Mauritius country manager explains the challenges and solutions around securing customer data and compliance with new personal information legislation.

IN DEPTH

Africa lags on digital migration Africa lags on digital migration

Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.  

COMPANY NEWS

Schneider Electric off-grid, on-profit solutions to create social change in African rural communitie

Schneider Electric South Africa has set itself a target to create access to energy for 20,000 Africans by the end of this year. 

SAP accelerates shift to the Cloud with 41% revenue growth in third quarter

SAP has once again raised its revenue outlook, reporting broad market adoption of SAP HANA and its ‘Run Simple’ strategy validated.