B2B platform Wasoko and Zanzibar partner to launch an innovation hub

By : Samira Njoya

Date : mercredi, 31 août 2022 16:04

Zanzibar is known as one of the best tourist destinations in the world. The country wants to take advantage of this reputation to develop partnerships and become a technological innovation hub par excellence in Africa.

E-commerce platform Wasoko and the government of Zanzibar launched, Tuesday (August 30), the Wasoko Innovation Hub in Fumba. According to Wasoko, the hub aims to attract tech companies to the country and even woo them into relocating. 

“As a Pan-African tech company, Wasoko has been looking for a location where we can bring together the best talents from across the continent and beyond to innovate and develop new products and services for our customers. While we considered more traditional centres such as Dubai and London, we were ultimately committed to the belief that technology for Africa should be built in Africa,”  said Wasoko CEO Daniel Yu.

A few years ago, Zanzibar initiated efforts to accelerate its digital transformation. One of the initiatives taken was Silicon Zanzibar, which has Wasoko as a founding partner.  Through the partnership with Wasoko, the government wants to create an attractive environment for technology companies, researchers, and industry professionals.

The Wasoko Innovation Hub will specialize in developing tools to personalize the customer experience, improve delivery metrics, expand financial service options, and collect key data and information across the value chain.

The new center will contribute to the development of Fumba, help create numerous employment and career opportunities, and establish the island as a leading center for pan-African technology companies. It will also enable the country to secure more than US$15 million in investment over the next decade.

The Wasoko Innovation Hub will focus on developing world-class technology solutions that will boost the African e-commerce sector. According to Zanzibar's Minister of Investment and Economic Development, Mudrick Soraga, the hub is to be an ideal and suitable setting "for all technology companies and their team members to be based in Zanzibar."

Samira Njoya

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