According to a report published by the GSMA, the technology space in Africa has seen unprecedented growth over the last couple of years with about 618 active tech hubs on the rise and sustaining Africa’s technological ecosystem.
The 618 hub number is a 40 percent jump from its 442 count in 2019 which is an incredible leap considering. This sudden boost in the number of tech hubs all across the African continent can be attributed to “a torrent of venture funds, development finance, corporate involvement, as well as ever-growing, innovative communities,” as put by GSMA .
Statistics show that Nigeria and South Africa are put at the highest end of this number having 85 and 80 active tech hubs respectively. While the city of Lagos stands as the major nerve center for the majority of the number of tech hubs in Nigeria, Cape Town, Durban and Gauteng are home to that of South Africa.
Egypt follows in third place with 56 tech hubs mainly centered in the capital city of Cairo and is now touted as the technological beacon of North sub-saharan Africa.
These reports were found in a study carried out by Briter Bridges and the GSMA Ecosystem Accelerator programme which also puts Kenya in fourth place to complete this four tech geographical quartet with 50 tech hubs, making them the major player in the East African tech space. Nairobi has been pinpointed as the main nerve center in the Kenyan technology ecosystem.
Follow Ideasgist Now on Facebook and Twitter. Also join in for Latest News, Tech News, School News and lot more.
Get real time update about this post categories directly on your device, subscribe now.