Botswana has launched the Botswana Tech Fund (BTF), a £50 million venture fund dedicated to supporting startups throughout Southern Africa. The fund aims to provide crucial institutional backing to founders building digital solutions for the region's real economy.

• The fund targets total commitments of £50 million, with an initial £1 million allocated for a pre-seed accelerator program.
• Launch Africa Ventures has been appointed as the investment advisor, and the fund is anchored by Pula Investments.
• Startups in the accelerator will receive £25,000 to £100,000, while growth-stage companies are eligible for £500,000 to £2 million.