Got any idea, information, solutions and opinion on the COVID-19 pandemic impact on the African Tech and Innovation Ecosystem? Feel free to share.
How we made it in Africa’s Nelly Murungi asked a selection of African entrepreneurs how the Covid-19 pandemic is impacting their operations. Below are slightly edited excerpts of their responses.
We talked to thought leaders in the Silicon Savannah to learn how the startup ecosystem in Kenya and hubs across the continent have been impacted by the pandemic and what they are doing to stay afloat.
Last year alone, startups on the continent reached new heights, crossing the $2 billion mark as most forecasts suggested a continued uptick in funding. That seemed to be the case with deals like Jumo’s $55 million raise in February until COVID struck.
Dealing with the health and economic challenges of COVID-19 has made one point abundantly clear for African countries – “that we need broadband, faster, cheaper, and expanded to the last mile of our populations.”
As Africa heads towards recession, it’s not easy to know where to invest. Akinyi Ochieng and Isaac Kwaku Fokuo, Jr. highlight three areas that are likely to fare better during the downturn
The COVID-19 virus is now spreading rapidly across the African continent presenting a major threat to already-stressed health systems. But technology could help curb the spread.
A cursory glance at history will reveal that the rise of tough, critical situations usually forces innovation, hence the phrase ‘Necessity is the mother of invention’. As the COVID-19 pandemic continues to ravage the world, innovations to fight it have gone up a notch.
For now, all thoughts are on managing the spread of the COVID-19 pandemic, with national lockdowns in place to try and get the virus under control. Yet the ramifications of the crisis for African tech startups could be felt for years to come.
Major tech companies like WhatsApp, Uber, Airbnb, and Slack emerged during the great recession, and the outbreak of the economy-crippling pandemic has been touted as yet another precursor to the emergence of more disruptive companies.
From a WhatsApp chatbot to a self-diagnosis tool, Africans are devising mobile tech solutions to contain the spread of the coronavirus amid fears it could have disastrous effects for the continent's most vulnerable.
One of the positive impacts of Covid-19 on the global economy, is that it is accelerating the pace of digital transformation within public and private organisations
South Africa has been reeling under political dysfunction and economic slowdown for quite some time now. This has been further compounded with the novel coronavirus pandemic. The country is under lockdown till April end to ‘flatten the curve’ of the virus. In this situation, technology deployment and the use of effective communication channels have emerged as a savior for the people.
No investor wants to get into an environment where political risk raises the barrier to success. With a pandemic in play, health-related risk factors will be front and center in investment talks across dealrooms.
Confirmed cases of COVID-19 in Africa remain comparatively low, at 51,000 as of 6 May. But those numbers are growing fast. And a new report by the Partnership for Evidence Based Response to COVID-19 (PERC) reveals some worrying findings about the impact of coronavirus on the lives of many Africans.
ecosystem through the power of technology. With the aim of fostering Nigeria's Economic growth they assist in creating jobs for the youth, they help startups develop by providing services such as management training, co-creation work space as well as business support.
entrepreneurs the platform to work and pursue their goals in a revolutionary way.
They create, build and develop the Tech Ecosystem by creating a space that offers opportunities to innovators as well as entreprenuers to share knowledge and co-create and they also improve the
The 1st @AfriLabs Annual Gathering held in 2016 at the Alliance Francaise Centre Accra, from the 25th – 27th Oct. @AllVoicesCount @4Afrika @Andela @VC4Africa @UNFPA and other Ecosystem Stakeholders partnered with us to make it a success.
#AfriLabs #AAG2020 #AfriLabsAG2020 https://t.co/tT4Z5PEmiy