World Bank supports young digital entrepreneurs in Botswana
Digital ecosystems and entrepreneurs are essential to innovation and development in Africa. With support from the World Bank, the Botswana Business Angels Network and the Global Entrepreneurship Network in Botswana brought together local entrepreneurs and global thought leaders to share knowledge and strengthen the operating environment for digital entrepreneurs in the country.
The workshop built upon the recent XL Africa competition, a pan-African acceleration program to find the 20 most promising digital start-ups in Africa and demonstrate that Africa can produce world-class digital entrepreneurial talent.
“The World Bank supported today’s event to help ensure that Botswana’s digital entrepreneurs are able to learn lessons from other ecosystems across Africa,” said Xavier Furtado, World Bank Country Representative for Botswana. “We hope that, over time, this can help address Botswana’s pressing youth unemployment challenge while also contributing to national economic diversification.”
Through relevant case studies, participants were exposed to methods and tools to help accelerate digital entrepreneurship. With a supportive and dynamic ecosystem, local digital technology companies can spread new technologies across Botswana and abroad.
“Today’s event indicates that supporting Africa's next generation of entrepreneurs and investors requires a thriving and connected entrepreneurial ecosystem,” said Mooketsi Bennedict Tekere, Founder of Ngwana Enterprises. “Over time, we hope that the digital ecosystem will attract and link digital startups, more mature entrepreneurs, and impact entrepreneurs from Botswana with potential investors across the continent and beyond.”