Sierra Leone strengthened its innovation ecosystem with the launch of the Redsalt Angel Investment Network (RAIN) and a new Framework Agreement with the Ministry to co-fund and support early-stage startups.

This partnership will open more capital for young companies, improve governance for startups, and support the growth of scalable Sierra Leonean ventures.

RAIN also signed a partnership agreement with the Orange Digital Center through the Orange Foundation, giving founders better access to mentorship, investment-readiness support, and early-stage financing. These agreements are building a coordinated ecosystem that supports entrepreneurs from idea to scale. 

“Building a strong innovation ecosystem requires aligned partnerships, patient capital, and deliberate investment in our young entrepreneurs. With supportive government policies and our ongoing digital transformation efforts, Sierra Leone is creating the conditions for innovation to grow, industries to modernise, and entrepreneurs to scale.”- Madam Salima Bah, Minister of Communication, Technology and Innovation 

The Ministry will continue working with partners who are investing in the future of Sierra Leone’s innovators. Startups and founders can benefit from these partnerships and access the resources they need as we continue to deliver on our innovation agenda.

About Redsalt: 

Redsalt Angel Investment Network is an impact-driven fund that supports early-stage startups in low-income countries with minority equity investments. Its goal is to create prosperity through entrepreneurship by bridging the missing middle in finance. Through its Revolving Impact Fund model, Redsalt reinvests profits from successful ventures into new startups, driving sustainable growth and innovation. With expert guidance and collaborative networks, the fund supports entrepreneurs in creating lasting, positive change and sustainable development.

The Redsalt team provides essential financial backing, expert mentorship, and comprehensive resources to help founders navigate the startup ecosystem.

Learn more about them here https://www.redsalt.org/

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