LATEST REGIONAL PROJECT UPDATE
RWANDA
Three East African countries are merging their stock markets to boost local investment . Rwanda , Tanzania and Uganda are speeding up plans to merge their stock markets electronically in a bid to ease the cost and time difficulties of cross-border trading . The move will see the three countries create a stock exchange with a combined market cap of around US $ 15 billion .
SOUTH AFRICA
Valenture Institute , a South Africa-based education technology ( Edtech ) start-up , has raised US $ 7 million in funding from GSV Ventures . The start-up ’ s founder , Rob Paddock , has significant pedigree in the Edtech industry having co-founded GetSmarter , an educational platform that was acquired for US $ 103 million by 2U in 2017 .
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