Five African Startups Get Grant Capital From GSMA Innovation Fund

Five African startups are among the startups across Africa and Asia that have received grant capital from the GSMA as part of its Innovation Fund for Mobile Internet Adoption and Digital Inclusion. The five startups include Ethiopia’s Africa 118, Nigeria’s ScholarX, Uganda’s Ensibuuko, Zambia’s WidEnergy, and Zimbabwe’s Zonful Energy.

The goal of the fund is to provide new business models and innovative product solutions to startups that seek to address issues of accessibility, affordability, safety and security, and digital skills in mobile internet adoption. GSMA is offering grants of between USD 137 K and USD 334 K.