The Cape Innovative and Technology Initiative (CiTi) has announced the launch of South Africa’s very first Bitcoin incubator, the BitHub.
The non-profit innovation group, known for its impeccable contribution in accelerating technology startups in South Africa, believed that it was time for inspiring innovators — coders, entrepreneurs, investors, etc. — to collaborate and build futuristic Bitcoin applications. According to Ian Merrington, the CEO of CiTi, they always wanted to create a private physical space — an incubator — to foster ideas that are particularly pitched to improve upon the current finance system.
http://coinyoo.com/2015/06/12/south-africa-gets-its-very-own-bitcoin-incubator/