More than 1000 investors, business delegates and entrepreneurs will attend the inaugural Norrsken Africa Week in Kigali on November 8 and 9, Norrsken East Africa, Africa’s biggest hub for technology innovation and entrepreneurship announced today. Delegates include global investors, business and government delegates, and leading technology ecosystem stakeholders across Europe, the Middle East and Africa.
Funding to African startups declined to $1 billion during the first Half of 2023, contrasting with $1.5 billion in the second half of 2022 and $1.8 billion in the first half of 2022. The world of finance may be cyclical, but the trusted relationships that sustain innovation and unlock capital, do not need to be cyclical. Norrsken Africa Week is designed to function as a bridge facilitating connections between capital allocators and innovators in Africa.
Pascal Murasira, Managing Director of Norrsken East Africa noted the importance of the inaugural Norrsken Africa Week to building Africa’s budding ecosystem,“Bringing global investors, African VC firms and Limited Partners together to facilitate meaningful connections between African founders, global business leaders, public officials and regulators is exactly why Norrsken House Kigali exists. We’re proud to not just be the home of innovation, but also function as a clearing house for investors, talent and innovators in Africa,” said Pascal Murasira, Managing Director of Norrsken East Africa.
Founded in 2016, the Norrsken ecosystem is a global non-profit dedicated to helping entrepreneurs solve the world’s greatest challenges. Africa’s technology and innovation
landscape has always taken on some of the continent’s biggest challenges, and a string of success stories have further highlighted the continent’s potential. It has also attracted the attention of global investment firms to the dynamic local innovation ecosystems across the continent.
ABOUT NORRSKEN EAST AFRICA
Norrsken East Africa is Africa’s biggest hub for innovation and entrepreneurship. Built on the former historic Ecole Belge in downtown Kigali, the Norrsken House Kigali campus, is a vibrant community of more than 1000 entrepreneurs, startup teams and businesses building solutions and services that take on Africa’s biggest challenges. Find out more at https://www.norrsken.org/eastafrica
Source : TechCabal