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Kenya's A24Media Wants To Create A US 1Millon Dollars Fund For Media Innovation.

Kenya-based A24Media has stated that it is looking to set up a "Media Technology Investment Fund" of  US 1 Million Dollars.

According to Mr Asif Sheikh, co-Founder of A24Media, the fund will support the need for innovation around technology development around content distribution platforms in Africa.

As part of this initiative, A24Media plans to run a series of contests for tech developers in this regards and especially as it relates to social themes such as education and health.

Mr Asif Sheikh reckons he could secure venture capital investors to help finance and manage the fund.

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