RAIN Partners With MoCTI and Orange Digital Center to Support Early-Stage Startups
A key feature of the evening was the signing of a Framework Agreement between the Ministry of Communication, Technology and Innovation (MoCTI) and RAIN, formalizing collaboration to co-fund and support early-stage startups.
Last Friday marked a milestone for Sierra Leone’s early-stage investment landscape as Redsalt Angel Investment Network GmbH (RAIN) hosted the country’s first Angel Investment Night. The event brought together founders, investors, policymakers, and ecosystem leaders to reinforce the foundation of Sierra Leone’s emerging innovation economy and highlight opportunities for entrepreneurship and national development.
A key feature of the evening was the signing of a Framework Agreement between the Ministry of Communication, Technology and Innovation (MoCTI) and RAIN, formalizing collaboration to co-fund and support early-stage startups. The partnership aims to unlock capital, strengthen governance structures, and accelerate the growth of scalable Sierra Leonean ventures.
In addition, RAIN formalized a partnership with the Orange Digital Center through the Orange Foundation, creating a structured pathway for startups emerging from the center to access mentorship, investment readiness support, and early-stage funding. Together, these agreements represent a significant step toward building a coordinated, investment-ready ecosystem supporting founders from ideation to scale.
“Building a strong innovation ecosystem requires aligned partnerships, patient capital, and deliberate investment in our young entrepreneurs. With supportive government policies and ongoing digital transformation efforts, Sierra Leone is creating the conditions for innovation to grow, industries to modernise, and entrepreneurs to scale.”
– Salima Bahl, Minister of Communication, Technology and Innovation, Sierra Leone
RAIN emphasized that the event is the beginning of a long-term commitment to provide Sierra Leonean founders with the capital, structure, and mentorship needed to grow disciplined, investment-ready companies. The gathering showcased the potential of public-private partnerships to accelerate innovation and support the next generation of entrepreneurs in the country.
