Inside Timbuktoo: The UNDP-Backed $1bn Fund Unraveled

Timbuktoo: A $1 Billion Investment in African Tech Startups

On Tuesday, the United Nations Development Programme (UNDP), Rwanda, and seven other African countries announced the launch of Timbuktoo, an initiative that hopes to invest $1 billion over 10 years into 1000 tech startups across Africa. Touted as the largest ever startup fund in Africa, Timbuktoo Africa Innovation Fund aims to provide financing and support to accelerate the growth of the tech ecosystem on the continent.