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Zimbabwe Operators Raise USD$20M VC Fund

by telecompaper.com posted 2years ago 5908 views
The Zimbabwe government said telecommunication companies have contributed over USD 20 million to a mooted ICT Youth Innovation Fund to provide seed capital to local start-ups.The fund is a collaborative effort between the ICT ministry, the Postal and Regulatory Authority and industry players aimed at financing innovation, development and promotion of new platforms by Zimbabweans.