Vodacom Lesotho launches start-up incubator

01 November 2024

Vodacom Lesotho’s Software Factory Hub, a four-month incubation programme designed for innovative tech start-ups that are registered in Lesotho, has officially been launched, underscoring the company’s commitment to fostering and empowering local tech talent in the country.

The primary goal of the programme is to equip emerging tech start-ups with essential expertise in the fields of cybersecurity, software development and agile methodologies. This will in turn enhance their technical capabilities and foster innovation in key areas that are critical to their growth and success in today’s fast-paced digital landscape.

“This idea was hatched after realising that a substantial proportion of tech solutions were predominantly sourced from companies in South Africa and further afield,” said Sekoala Tšukulu, Executive Head, Information Technology and Billing, Vodacom Lesotho. “This underscored a prominent gap in the domestic tech landscape, particularly evident in the deficiency of local entities in meeting stringent compliance, governance and other technical requirements. This shortfall was particularly conspicuous during Vodacom Lesotho’s quest for a capable local tech partner when we were developing the Vodacom Lesotho App.”

Peiso Moiloa, a representative of Peiso Media Group, a participant in the programme, said that the programme’s emphasis on developing high-tech skills will effectively empower entrants to craft and implement innovative solutions tailored to the specific needs of local businesses and the broader community.

The thorough selection process involved detailed assessments covering technical capabilities, governance structures, and compliance standards, culminating in the shortlisting of just five companies from an initial pool of 37 applicants. Following the conclusion of the programme, a significant cash prize will be awarded to one of the participating tech startups, aiding in the facilitation of their expansion and growth initiatives.

All the technology enterprises partaking in the initiative will enjoy privileged access to Vodacom Lesotho’s extensive technological infrastructure and support mechanisms. Upon successfully completing the programme, these startups will be formally recognized as approved suppliers for Vodacom Lesotho, thereby positioning them to collaborate on a diverse array of technological solutions tailored for both Vodacom Lesotho and various other entities within the country.