New startup hub in Arusha to be built by Westerwelle Foundation
The Westerwelle Foundation and Obuntu Cluster have teamed together to create Arusha’s largest startup hub, with the purpose of boosting Tanzanian entrepreneurship and the economy as a whole.
The Westerwelle Foundation is a German non-profit organisation dedicated to empowering entrepreneurs in developing markets. It has offices in Kigali and Tunis, as well as an online programme that welcomes entrepreneurs from Asia, Latin America, and Africa.
Its new Arusha centre will open in the second quarter of this year and will include co-working spaces, events, more support programmes, and connections to service providers. The initiative’s driving partners, Westerwelle Foundation and Obuntu Hub, feel that assisting young entrepreneurs has the potential to have a beneficial economic impact through employment creation and service development.
“We have seen the positive impact of entrepreneurship not only in economies in Africa but around the world. We want to support realising this potential in Tanzania,” said Westerwelle Foundation managing director Oliver Reisner.