At Mobile 360 – Africa, the GSMA announced the launch of the GSMA Ecosystem Accelerator Innovation Fund, which will support innovative start-ups in emerging markets and is open to start-ups from and operating in Africa and selected countries in Asia. The Fund is backed by the UK Department for International Development (DFID) and supported by the GSMA and its members. “Through our Mobile for Development team, the GSMA has a proven track record in delivering life-enhancing mobile solutions at scale in critical areas such as mobile money, health and nutrition, agriculture, utilities and many others,” said Mats Granryd, Director General of the GSMA. The Fund will help identify innovations with the greatest potential for growth and provide best practices for stakeholders within the ecosystem on the ways in which they can use mobile to drive positive socio-economic impact.

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