Telecommunications company Millicom has created a tech incubator to develop new digital solutions for businesses in Rwanda
The incubator, dubbed 'think' will be located in a purpose-built facility in Kigali, stated Millicom, adding that the facility will be the base from which a number of potential entrepreneurs will be chosen.
The company said it will provide these entrepreneurs with seed financing, structured training and coaching programmes, access to Tigo technical resources for product testing and trials and support in accessing outside investors and customers.
“Rwanda is a great place to do business. We know it has some extraordinary local talent whose skills and ingenuity we want to support. We are looking forward to driving the digital revolution with talented youth in all our Tigo operations in Africa,” Hans-Holger Albrecht, CEO of Millicom said.
Millicom, which offers a range of digital services to customers in Africa under the Tigo brand, intends to use the project to further its presence in Africa.
The objective is to develop digital solutions for scalable businesses, which Millicom will have an equity stake in, stated the company.
