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.
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