In recent years, Africa has been experiencing a remarkable surge in technological advancements, positioning itself as the next thriving technology hub. The continent's innovation landscape has witnessed rapid growth in the technology industry. Ventureburn predicts the growth in investment to continue in 2023, with between $6.5 billion and $7.3 billion to be invested. In this article, we will look at the driving factors that are making Africa become a thriving technology hub. You have a chance to see the latest exciting technologies at GITEX Africa in Marrakech Morocco, be sure to visit!
Africa's mobile revolution has played a pivotal role in driving the continent's technology revolution. DataReportal shares that in only 2 months in 2023 South Africa has had 112.7 million mobile connections. The widespread availability of affordable smartphones has connected previously disconnected populations to the digital world opening doors to countless opportunities for innovation and entrepreneurship.
Monkeypesa shares that the automation market value is estimated at $824 million and is expected to grow annually by 14.4% up to 2025. This growth is happening due to the realisation of the wide range of benefits automation and CRM technology will give businesses. This can range from substantial productivity and efficiency boosts to massive ROI benefits. TEB Apps is one of the fastest-growing sales automation software in Africa due to unique innovative features with a budget-friendly approach. Book a demo to learn more about TEB, or visit our stand at GITEX Africa.
With limited legacy systems in place, the continent has embraced innovative solutions without being burdened by outdated technologies. For example, mobile money platforms such as M-Pesa in Kenya have revolutionized financial services, providing millions with access to banking and payment solutions.
Africa boasts a youthful population, with the median age being 18.8 in 2023, shared by Statista. This demographic dividend presents a significant advantage for the continent's technology sector. The young and tech-savvy population is driving innovation, entrepreneurship, and a hunger for change. African youth are embracing coding, app development, and other technological skills, contributing to the growth of homegrown tech solutions.
African governments and private sector players recognize the potential of the continent's technology sector and have taken steps to create supportive ecosystems. Several African countries have implemented policies to attract tech investments, establish incubators, and offer tax incentives. The rise of tech hubs and innovation centres across Africa has fostered collaboration, networking, and knowledge sharing, further fueling the continent's technology revolution.
Africa's tech ecosystem is addressing unique challenges and opportunities specific to the continent. From fintech solutions targeting financial inclusion to agritech platforms improving agriculture productivity, African entrepreneurs are developing innovative solutions to address local needs. For instance, solar energy startups are harnessing Africa's abundant sunshine to provide affordable and sustainable energy access to rural communities. This localized approach to technology adoption positively impacts various sectors and contributes to the continent's overall socio-economic development.
With Africa transforming into the next thriving technology hub, TEB is taking the world by storm as the fastest-growing sales automation CRM software on the market. With cutting-edge automation technology to enhance productivity and efficiency to unrivalled data visibility, TEB stands in a league of its own. Here are unique key features that separate TEB from the rest:
Easily track your customers with storyboards – Track your customer’s buyer journey with TEBs unique storyboard feature to identify your customer’s needs.
Kanban-style pipeline management – Completely streamline the management of your sales pipelines with drag-and-drop features to boost your efficiency.
Automate your processes – Lead assigning, data inputting, billing processes and more can all be automated to help you reach new levels of productivity.
Get a holistic view of your sales activity – Get a simplistic view of all of your sales activity, easily identifying where your opportunities lie in your sales funnel.
Now is the chance to see TEB for yourself, quickly book a demo or visit us at GITEX Africa this week between the 31st of May and the 2nd of June in Marrakech Morocco.
