30 Brilliant African Tech Startups

Martin Carstens | Ventureburn | February 9, 2012

...Why did we focus on Africa? The continent’s one-billion people are coming online and 600-million of them already have mobile phones. It is estimated that by 2040, Africa’s working age population will be the largest in the world, making for a large number of young, active consumers — the brand conscious, aspirational demographic businesses covet. In the last 10 years 117-million Africans have migrated to cities, establishing a larger, wealthier concentration of people in need of goods and services and making Africa more urbanised than India and almost on par with China. Consumer spending grows by four percent a year and by 2020, Accenture estimates that poverty levels in Africa will fall to 20% from nearly 45% percent in the1980s.

The secret is out. Wired likens the opportunities in Africa to those of the pre-dotcom boom in 1995. Says the magazine: “If you want to become extremely wealthy over the next five years, and you have a basic grasp of technology, here’s a no-brainer: move to Africa.”

So what opportunities are indigenous African tech startups seizing? Let’s take a look. Please note that this list is not exhaustive by any stretch of the imagination. Instead, consider it a sampling of African talent and be sure to let us know about brilliant startups that should also be on this list. We look forward to hearing from you and compiling a sequel to this article...