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4 out of 5 Africans Say Recent Developments in African Technology Have Changed How They View The Continent

A brand new report that features the surveyed opinions of 4,500 Africans from Kenya, Nigeria, and Ghana has revealed that the current wave of expertise innovation popping out of Africa is altering how Africans view the continent. When requested if current developments in African expertise had impacted their notion of the continent, 4 out of 5 (84.6%) answered “sure”.

In accordance with the report, 9 out of 10 (91.7%) are doubtless to make use of expertise options which might be made in Africa, and 9 out of 10 (91.8%) are more likely to describe Africans as modern and entrepreneurial. When requested which African expertise tales they have been most excited to examine, 29.8% stated “funding tales”, carefully adopted by “enlargement tales” (28%) and “partnership tales” (27%).

The Africa InnovationImpression Report, which was compiled by Speaking Drum Communications, a public relations and communications consultancy that works with African expertise corporations, and Survey54, a man-made intelligence-powered market analysis firm, additionally discovered that training (21.1 p.c) is taken into account to be the sector most impacted by expertise innovation in Africa during the last two years. Greater than monetary companies (18.3%) and leisure (15.1%).

A brand new innovation narrative has emerged in Africa in recent times, embodied by the exponential development of funding for expertise startups. Not solely has funding into African startups grown 18x between 2015 and 2021, funding for African startups grew 2x sooner than international charges between 2020 and 2021. Nevertheless, past the tales of multimillion greenback funding rounds and acquisitions, there are additionally the tales of the individuals these improvements have been developed to assist. The Africa Innovation Impression Report highlighted job creation (51%) as the most important benefit of Africa’s rising digital economic system. Greater than publicity of the youthful inhabitants to expertise (29.3%), rising monetary inclusion (12.4%), and the potential to plug infrastructure gaps on the continent (7.1%).

Commenting on the findings of the report, Olugbeminiyi Idowu, Founder and Managing Director of Speaking Drum Communications, stated “our purpose with the report is to seize the impression of Africa’s rising innovation narrative past anecdotes and rumour, and contribute to the dialog about how we preserve issues transferring ahead. Primarily based on the info we now have gathered, the innovation popping out of Africa shouldn’t be solely altering the way in which individuals reside and work, additionally it is altering the way in which individuals suppose, how they view themselves as Africans and driving a requirement for extra innovation. There’s a rising urge for food for these improvements, each from African customers and international traders, and there may be a lot to be enthusiastic about what the long run holds.

The Africa Innovation Impression Report is offered to entry free of charge on the Talking Drum Communications and Survey54 web sites.

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