Africa’s Tech Boom: Innovation Grows Despite Funding and Infrastructure Hurdles 

Africa’s tech scene is expanding, with cities like Lagos, Nairobi, and Cape Town attracting global interest. While no African city made the global top 40 startup rankings, youth-driven innovation and mobile-first solutions are fueling growth. Lagos leads the continent in fintech advancements, though limited funding, infrastructure gaps, and regulatory challenges persist. Experts urge African governments and private investors to boost support for startups through improved digital infrastructure, access to capital, and cross-border collaboration. Initiatives like AfCFTA and regional tech competitions are fostering a unified innovation network, positioning Africa as a rising force in the global tech landscape.

Source: Business Insider Africa