Technology and Development

Background: Africa has long been perceived as a continent lagging behind when it

comes to technology. However, this image is rapidly changing, with the rise of a new

generation of African entrepreneurs who are using technology to solve local

problems and create successful businesses.

▪ Factors behind the boom: A number of factors explain the rise of technology

startups in Africa. Firstly, the growing penetration of the Internet and smartphones

has created a huge potential market for technology products and services. Secondly,

the emergence of dynamic technology hubs, such as Lagos, Nairobi and Cape Town,

has fostered a favorable entrepreneurial ecosystem. Last but not least, foreign

investors are increasingly interested in Africa's potential, which has helped raise

substantial funds to finance startups.

▪ Fields of activity: African technology startups are active in a wide range of fields,

including fintech, e-commerce, healthcare, education, agriculture and energy. They

develop innovative solutions to meet the continent's specific needs, often using

cutting-edge technologies such as artificial intelligence, big data and blockchain.

▪ Challenges and prospects: Despite this boom, African technology startups face

numerous challenges, such as lack of funding, access to electricity and the Internet,

talent training and regulation. However, the outlook is promising, with huge growth

potential in the years ahead.

Sources :

• Reports from the World Bank, the African Union and various international organizations on

the rise of technology startups in Africa.

• Press articles and reports on African technology startups.

• Case studies of African technology startups.