0
General

CTIC Dakar opens doors to encourage West African start-ups

Monday 25 April 2011 | 10:09 CET | News
Public and private institutions have opened West African ICT startup incubator CTIC Dakar in the capital city of Senegal. The new facility will avail local entrepreneurs of expertise and support to strongly increase their chance of success and reduce the considerable risk of failure often experienced by business creators. CTIC Dakar cites unspecified studies showing that businesses that start with the support of incubators have twice the success rate of those that do not. The incubator will focus on administrative, commercial, marketing and accounting aspects, as well as providing clients with the necessary infrastructure for their businesses to succeed. Two levels of support are in place, one for ICT businesses already on the ground and another for entrepreneurial ideas that have not yet materialised. CTIC Dakar's backers include former telecom monopoly Sonatel, which offers some services under the Orange Senegal brand, telecom regulator ARTP, management training provider CDE, human resources specialist GIZ, and network, furnishings and fittings supplier Adie.

Categories: General
Companies: Orange Senegal / Sonatel
Countries: Africa / Senegal
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.