Kenyan Techies' App Wins Sh101 Million in Clinton-Backed Fund Contest
Developers of Magic Bus Ticketing, a mobile phone application that enables booking of public transport, have secured a Sh101 million ($1 million) grant from a Bill Clinton-backed fund after emerging top out of six finalists.
The Hult Prize finalists were crowned overall winners of the startup funding for their idea of digitising booking, pre-payment and on-board payment of fare for commuters in Kenya.
The idea was borne out of a challenge for the Hult Prize, funded by Clinton, whose contest this year was the creation of a better model to connect people to goods and services in crowded urban spaces.
The contest received over 25,000 entries which were shortlisted to six finalists.