Africa is well poised to become the world’s next economic powerhouse, despite the struggles of some countries’ economies on the continent. About one-third of the more than 50 countries in Africa countries have an annual GDP rise of more than 6 percent, making the continent the second highest in economic growth after Asia.
It’s also worth noting that Africa is the second biggest mobile market in the world (after Asia), with a growing affinity for smartphones. Not surprising then that much of Africa’s economic growth stems from investment in technology, with startups springing up in virtually every major city. “Africa is more and more perceived as the new frontier for investors and global economic growth. Below are the top 5 tech-savvy cities in Africa.
- Johannesburg, South Africa
- Nairobi, Kenya
- Kigali, Rwanda
- Kampala, Uganda
- Lagos, Nigeria
Olatorera Consultancy Limited provides business development services to high net-worth individuals and companies looking to grow, enter or do business in Africa.