Technology hubs in Africa has more than doubled in less than a year with more investors and innovators increase and move beyond popular cities reports Quartz.
The number has grown from 117 centers recorded last year by the World Bank to 314 as of July this year according to a research by GSMA’s Ecosystem Accelerator. These new hubs are in 93 cities across 42 countries in Africa. More than half of the hubs are in 5 states, which include South Africa, Egypt, Kenya, Nigeria and Morocco.
It is partnership between entrepreneurs, innovation hubs, telecom operators and giant tech companies that has led to this major growth by providing co-working spaces, skills, funding and a vast network of support for start-ups.
Growth in smartphone use and the decline in bandwidth costs are also boosting the digital transformation across Africa.
