Creating Sustainable Jobs and Reducing Inequalities in East Africa

Jan 22

Who: Tech Bridge Invest

What: Sustainable business development

Where: Kenya and Uganda

Project period: 2019-2021

Web: Tech Bridge Invest

TechBridge Invest started in 2017 with the goal of creating jobs and sustainable companies in East Africa. Since then they have trained 600 youth in entrepreneurship in Kenya. The vision is to reduce inequalities and create jobs through sustainable business development.

In Africa, 15-20 million new jobs are needed every year to avoid unemployment rates to increase. TechBridge has selected 30 start-up teams for 7-9 months business development training and incubation. Companies have been established in solar energy, security solutions, agricultural solutions – all with technological solutions to serve the population better. In addition to training, they give advice, support with company building, are active owners and always focused on having a positive impact on society. So far, more than 140 jobs have been established. Women have been given opportunities to develop tech skills and get tech jobs, in a male dominated sector and society.

Grieg Foundation joined as a supporter and impact investor in early 2019. Their support continues during the covid-19 crisis, showing their genuine commitment to entrepreneurs and sustainability. The Grieg Foundation's support and investment allows TechBridge to both train entrepreneurs, develop start-ups and invest for the jobs and companies of the future. We are both happy and proud for the support.

Grieg Foundation has their main focus within education of children and youth, and we see TechBridge´s investment in helping the women to focus on work within tech jobs as particularly important.