It’s no secret that Africa is home to some of the fastest growing economies in the world – bolstered by businesses and start ups with innovative solutions to specific digital challenges and creative offerings that propel each nation’s workforce and its consumers into deeper digital integration. With increased foreign investment and confidence in Africa’s Digital infrastructure capability (think Google’s new advanced AI research Centre in Ghana & Microsoft’s announcement of new offices for the African Development Centre in Kenya & Nigeria) supported by Investment Schemes & Specialized Economic Zones – It is becoming clearer that the potential for digital growth in Africa cannot be ignored any longer. Foreign Direct Investment rebounded strongly in 2021 despite the global effects of the Covid Pandemic with a record $83 million creating further opportunity for countries like Rwanda, Ghana & Kenya – all fast-becoming digital hubs in the region – to reach new heights of digital capability and offering.
Though the USA represents the highest number of investors in the top 20 largest disclosed deals in Africa, local and government initiatives and investments are also having a heavy impact to ensure Africa’s future as having superior digital capability:
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