Research paper: New approaches for funding research and innovation in Africa

African countries face a critical challenge: how to fund research and innovation effectively in a time of shrinking traditional support. The report explores how governments, Science Granting Councils (SGCs), and other actors can adopt fresh strategies to meet this challenge. It was formed by experts from UCL, University of Edinburgh, African Technology Policy Studies Network, and The Scinnovent Centre.

The Need for Innovation in Funding

Africa needs strong research and innovation systems to boost economic growth, create jobs, and improve quality of life. However, traditional sources of funding—especially from international donors—are no longer reliable. To respond, African countries must build their own sustainable systems for financing research and development.

What the Study Found

The report draws on data from 15 SGCs and other stakeholders. It finds that while African countries recognise research and innovation as important, they often lack the funding and infrastructure to support them. Most countries are far from meeting the African Union’s target of spending at least 1% of GDP on research and development.

Despite this, new models are emerging. These include public-private partnerships, innovation-focused procurement, and blended funding approaches involving philanthropy, government, and venture capital. Countries like Kenya, Zambia, and Mozambique have introduced national innovation funds and policies to support these efforts.

Why It Matters

The study emphasizes the importance of financing throughout the entire research-to-market pipeline—from basic research to commercialization. It also stresses supporting disruptive innovations that can transform entire sectors but are often seen as too risky for traditional investors.

Key Recommendations

The authors call for African countries to:

• Create policies that support local innovation.
• Invest in all stages of research and innovation.
• Develop stronger financial systems to support startups and SMEs.
• Encourage collaboration between public, private, and philanthropic funders.

In Summary

Africa can no longer rely on outdated funding models. To harness the power of innovation, countries must think creatively and invest in systems that work for their unique needs. This report provides a roadmap to help make that future a reality.