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Venture Capital for Innovation in Africa: The Case of Radio Astronomy

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2014-03-07 19:02:50 - Brussels: On the occasion of the 2014 Innovation Convention, the African European Radio Astronomy Platform (AERAP) will host a breakfast meeting on 11 March 2014, which will explore the options for supporting the contribution of venture capital to radio astronomy in Africa and contribute to the debate on how investment in Africa-EU radio astronomy partnerships will support economic growth and human capital development.

Africa has received growing interest from venture capitalists in the last few years as it is on the path to continuous development. The ever growing number of accelerators, technical hubs, and angel networks appearing across Africa are further proof that entrepreneurship is flourishing in the region. Private equity and venture capital play a crucial role in financing the small and medium sized enterprise (SME) sector and supporting economic growth in Africa.

Investment in Africa’s research and innovation plays a pivotal role in tackling societal challenges related to domains such as health, climate change, ICT, renewable energies, demographic changes and security. As these challenges are global in nature, there is a growing need for cross-border, multidisciplinary collaboration in scientific and technological research

and development.

The following speakers from various backgrounds and expertise will be speaking at the meeting:

• Mae Jemison - Former NASA astronaut, Head of the 100 Year Starship initiative
• Barbara James - Founder and CEO of Henshaw Capital Partners
• Kurt Zatloukal - Vice-chair of the Institute of Pathology, Medical University of Graz
• Declan Kirrane - Managing Director, ISC Intelligence in Science
• Lizbeth Goodman - Chair of Creative Technology Innovation

The meeting will be an ideal platform for participants to explore possibilites for supporting the contribution of venture capital to radio astronomy in Africa and in terms of EU-Africa collaboration.

Location: Renaissance Hotel, Rue du Parnasse 19, 1050 Brussels

Date and time: 11 March 2014, 8:15 – 9:30 AM
For further information and to register:

Media Enquiries

Simona Ondrejkova
ISC Intelligence in Science
Tel: +32 (0) 2 88 88 107
Mob: +32 (0) 472 845 054


Jessica Hadjis
ISC Intelligence in Science
Tel: +32 2 88 88 100
Mob: +32 487 163 107

Editor’s Note

The African-European Radio Astronomy Platform (AERAP)

AERAP is a response to the calls of the European Parliament, through the adoption of the Written Declaration 45/2011, and of the Heads of State of the African Union, through their decision “Assembly/AU/Dec.407 CXVIII”, for radio astronomy to be a priority focus area for Africa-EU cooperation. AERAP is a stakeholder forum of industry, academia and the public sector established to define and implement priorities for radio astronomy cooperation between Africa and Europe.

The overall goals of the platform are to leverage radio astronomy, advance scientific discovery, improve knowledge transfer and stimulate competitiveness across both continents. The platform will also enable effective dialogue to build a shared vision for international cooperation in radio astronomy.
Further information on AERAP:

Contact Information:
ISC Intelligence in Science

Rue de Trône, 4
1000 - Brussels (Belgium)

Contact Person:
Jessica Hadjis

Phone: + 32 2 8888 100
email: email


Pilar Gomez
Phone: 003228888100

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