The continent’s expanding tech market is a result of Africa’s nations embracing the technology revolution, in particular the benefits of the Fourth Industrial Revolution, to address the continent’s growing needs and overcome its development challenges.
Greater access to new technology and technology investment is driving industrial development, job creation and access to information across the continent. By gaining access to information via the internet, communities will have a more equal opportunity to learn, develop and live more empowered lives.
The economic advances through technology investments are supporting job creation and the development of new growth industries. It is estimated that there are more than 100 technological hubs spread across the continent such as MEST in Ghana, ActivSpaces in Cameroon, iHub and Nailab in Kenya, Co-Creation Hub in Nigeria, BongoHive in Zambia, IceAddis in Ethiopia and the Innovation Hub in South Africa.