[ihatehandles]

I have no idea, maybe they want the model of startup entrepreneurship they see outside (19 billion hint hint) and want that in their portfolio too.

"it has only accepted five or six companies in some classes due to a lack of fundable options"

In my experience with South Africa there are a LOT of people trying out their luck with accelerators. I don't think it's that they can't find options, but I suppose options they like: and the wider world offers that more than Africans themselves. Hmm.