This Swedish non-profit has big dreams for tech startups in Kigali
- Sweden's Norrsken Foundation has invested $20 million in Norrsken House Kigali, Rwanda's first impact unicorn.
- The foundation hopes to make Kigali a nerve center for African technology companies and plans to set up similar hubs in other countries if successful.
- Rwanda is actively seeking private-sector investment to boost its economy.
The investment by Norrsken Foundation in Norrsken House Kigali is a significant development for Rwanda's tech ecosystem. It demonstrates confidence in the country's potential as a hub for impact businesses in Africa. The success of the Kigali hub could attract further private-sector investment and contribute to Rwanda's economic growth.
