Technology and innovation are spreading in the african continent. Mobile has emerged as the platform of choice for creating, distributing and consuming innovative digital solutions and services in Africa.
Several factors are driving this trend, including the expansion of advanced mobile networks, the growing adoption of smart devices, the convenience of accessing real-time.
The technology hubs springing up across Africa represent a key source of locally developed applications. There are approximately 310 active4 tech hubs across the region, including 180 accelerators/incubators, according to research by the GSMA Ecosystem Accelerator programme. The top three countries in terms of tech hubs are:
• Sud Africa: 51
• Kenya: 26
• Nigeria: 23
Meanwhile, the tech start-up investment ecosystem in Africa is increasingly active, with the range of tech start-ups funded and size of deals reflecting the accelerating development of the ecosystem.