Omidyar launches Africa Transparency and Technology Initiative

Philanthropic investment firm the Omidyar Network is to provide $2 million over two years to set up the Africa Transparency and Technology Initiative (ATTI). The Nairobi-based fund is one of a number of initiatives Omidyar has supported over the past two years under its so-called Government Transparency investment area, which is developing technology and media platforms to provide citizens with the information they need to hold their governments accountable.

‘By identifying and making single-instance grants to small, innovative organizations across the continent, ATTI will complement Omidyar Network’s direct investments in larger, more established government transparency organizations in sub-Saharan Africa,’ said Stephen King, an investment partner at Omidyar. The fund will be administered by Dutch organization Hivos.

Omidyar Network has so far granted over $23 million under its Government Transparency strand. The ATTI grant is part of the commitment made at September’s Clinton Global Initiative to spend an additional $30 million over the next three years in this area.

For more information
http://pndapps.fdncenter.org/link/1511/story


Comments (0)

Leave a Reply

Your email address will not be published.



 
Next News to read

Selecting charities on the basis of good impact reporting

Tris Lumley