The Swedish telecom company will make seed investments through an incubator known as Think, which will operate through Rwanda-based subsidiary Tigo.
Sweden-based media and telecommunications company Millicom has formed a tech incubator in Rwanda that will develop scalable businesses in which Millicom can take an equity stake.
The incubator, to be known as Think, will act as the base for the successful applicants chosen from a process soon to be announced by Millicom’s local subsidiary, Tigo. Over the past year Tigo has launched mobile and wi-fi bus payments in Rwanda’s capital of Kigali, as well as what it claims is the…