The budding rate of Startups in Africa has been simply phenomenal and it’s still expected to increase. Let’s take a look at the cities that have become home to these startups. In no particular order:-
Nairobi -Dubbed as the ‘Silicon Valley of Africa, Nairobi is known for its investments in technology and positioning as one of the leading digital centres on the African continent.
Casablanca -In 2006, Casablanca became the first city in North Africa to adopt the 3G network. Since then, Morocco has established itself as an ever-growing high-tech centre with a contribution of approximately $500 million to the country’s GDP.
Dakar -To meet the demands of the growing digitally connected population, the Senegalese government is building a digital city called the Diamniadio Technology Park. It will feature a data and ICT centre, a broadband zone, and higher education centres.
Johannesburg – South Africa is home to one of the most developed telecommunication industries on the African continent and thus, boasts of having many tech hubs.
Lagos – Lagos has developed into the economic giant of Western Africa and is home to more tech hubs than any other city across the continent. Nigeria is constantly working towards improving its investment ecosystem and has become an active contender in the African tech space.
Cairo – Cairo is characterized by more than 50% internet penetration and 2.3 million mobile phone users. As a result, its e-commerce industry is estimated to reach a net worth of $2.7 billion by 2020.
Kampala -In the heart of Uganda with 19 million internet users, Kampala is dominated by cellphones. As a result, ICT is an essential factor driving development in the country, with a growth rate of 7.9% per year.
Accra -Ghana has an ICT sector that is dominated by Accra-based startups companies that have won awards for promoting digital content and innovative applications. With more than 5 million internet users, Accra is on its way to becoming an ICT tech hub via the Hope City project.
Kigali -Rwanda’s efforts to transform from an agrarian to a knowledge-based economy has not been in vain. The Vision 2020 project launched by the government has brought a digital revolution to Kigali.
Abidjan – The number of internet users in Cote d’Ivoire has been on a constant rise, with a recently recorded 6 million users. Consequently, the country has a flourishing ICT sector brought into action by several small and medium-sized startups based in Abidjan.
More on TechGist Africa:
- Google unveils new Products at Google for Nigeria Event
- Microsoft to invests $1bn in Elion Musk’s Human-Brain-like AI lab
- Oui Capital partners IBM to provide 10 Startups With $120k Cloud Credits
- Singapore’s Fintech Platform CredoLab set to Launch in three African Countries
- China’s Didi Chuxing, UAEs Symphony Investment partners to Launch a JV in MENA
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