Barclays Africa opens Cape Town tech hub in bid to win future for start-ups

Barclays Africa late last week announced plans to open their African high-tech start-up hub in Cape Town, as part of its administration’s push to spur domestic job growth and innovative entrepreneurship skills.

Innovation, man. You either have it, or you don’t. And, in the case of Barclays, you stand to gain all sorts of long-tail revenue if you help fuel the aforesaid fire. Its Rise hub is just the start, and now the company is branching out to partner with existing technology hubs and incubation labs across the world – South Africa included. Rather than crafting hubs of its own, Barclays is announcing a Tech Hub Network, or rather, its Accelerator programme that’ll help launch start-ups and the industry as a whole. Access to the Rise hub is quite easy, start-ups need only visit the site and sign up to join. Once they have been accepted, they will be given access to the physical site.

Barclays is committing to “providing each hub with financial support alongside access to cutting edge technology, platforms and mentors, and ensuring that entrepreneurs at these hubs have access to an even larger network of startups.” And, of course, being that much closer to financial freedom can’t hurt.

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#Barclays #Barclays Africa #Rise Cape Town

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Papi Mabele

Papi Mabele has a marketing background, he is a digital marketing expert with extensive experience in launching and building global brands in the emerging markets. Papi is also an avid tech writer, enthusiast and all round tech junkie. As a freelance writer and analyst he has been numerously published in Popular Mechanics (SA), GQ South Africa, Premier Magazine, Driven Magazine, Bloem News, Courant, The Weekly, Enthooze Magazine and PiE magazine amongst others.