Osinbajo leads $1bn Timbuktoo Africa Innovation Foundation

Nigeria’s former Vice President, Professor Yemi Osinbajo has fully settled into continental development work as the High Representative of the Timbuktoo Africa Innovation Foundation.

The foundation was set up by with Rwanda and six other African countries in January this year on the sideline of the World Economic Forum.

The aim of the foundation is to invest $1billion dollars in 1000 Tech Startups over the next 10 years across Africa and catalyse growth and create high impact jobs for young people whilst solving real problems.

During the week, Professor Osinbajo lead the Timbuktoo team to Kigali to meet President Paul Kagame on how the foundation aims to achieve its set objectives.

President Kagame’s office shared the highlights of meeting on social media  pages and gave a background information on the work of the foundation and how it came about.

“President Kagame met with Yemi Osinbajo, former Vice President of Nigeria and High Representative of the Timbuktoo Africa Innovation Foundation. On the sidelines of the World Economic Forum Annual Meeting in January this year, the UNDP, Rwanda, and seven other African countries, launched the Timbuktoo Africa Innovation Fund, an initiative that aims to invest $1 billion over 10 years into 1000 tech startups across Africa”, the President office said.