The number of tech hubs across Africa has more than doubled in less than a year

Mergers, Acquisitions and Financial Results

The number of technology hubs across Africa have more than doubled in less than a year as more investors and innovators grow the local startup ecosystem beyond the most popular cities. A total of 314 tech hubs and incubation centers were recorded in July by the global telecoms industry body GSMA’s Ecosystem Accelerator, a program that works to enable partnerships between operators and developers in the continent.

The figure was a marked increase from the 117 centers that were recorded by the World Bank last year. The more than 300 hubs are spread across 93 cities in 42 countries across the African continent. However, more than half of the hubs are concentrated in only 5 countries, namely: South Africa, Egypt, Kenya, Nigeria and Morocco.
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Source: Quartz Africa