Monday, June 24, 2013

Africa-Focused Savannah Fund Graduates Its First Batch of Startups

Screen Shot 2013-06-24 at 6.29.55 PMEven though the startup scene is still nascent, Sub-Saharan Africa continues to grow pools of capital and entrepreneurial know-how in hubs like Nairobi, Kenya. Today, the Nairobi-based Savannah Fund, which is raising up to $10 million for startups in the region, just graduated its first batch of companies at PivotEast, a Disrupt-like competition for African mobile startups. They include a Ghanaian e-commerce startup called?Ahonya?that sells electronics, a Ugandan mobile game developer called Kola Studios that's popularized a local card game and SafariDesk, a site that helps travelers find off-the-beat experiences and places for luxury camping.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/Lhg8hXZGsts/

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