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30/08/2014

Technical University of Kenya to Benefit from a Safaricom Sponsored Innovation Laboratory Worth Ksh. 225 Million

The dream of the Technical University of Kenya (TU-K) becoming the “MIT” of Africa is nearer than earlier imagined. Safaricom Ltd will sponsor the innovation laboratory dubbed “TechAvenue” which will be used by engineering students at TU-K, to a tune of 2.5 Million dollars, the equivalent of Ksh. 225 million at current exchange rates. The money will be inform of equipment to be purchased and installed by Safaricom Ltd. This was recently revealed by Mr. Bob Collymore, the Chief Executive Officer (CEO) of Safaricom Ltd during his visit to the university.

Mr. Collymore noted that his company has interest in working with young innovative people and will nurture their talents as much as is practically possible. “Innovations and enterprise development are considered to be
the engine of economic growth of any country. Therefore as young innovators, we will step up and offer whatever assistance you require,” he said.

The CEO who had a session with students from the Faculty of Engineering Sciences and Technology (FEST), responded to their questions. Earlier on, he had visited the exhibition stand where he was impressed with the innovations on display. He urged the students to explore areas they are good at, develop passion on what they do, work hard and improve on their projects at whatever cost. This, he explained, will help in creating jobs and wealth in the country. “Safaricom has been an active partner of learning institution. Whereas TU-K focuses on practical orientation of students, the industry needs this calibre of manpower,” he said.

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