Insights

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The State of Tech in Africa 2021 Report

AfricArena brings to you its second annual report on Africa's robust startup ecosystem - highlighting the challenges and trends that defined 2020.

Going into its fifth year, AfricArena has the privilege of operating in three key spheres that underpin Africa’s economic landscape. These being: tech startups, corporations, and investors.

This report encompasses all three views, and more, in understanding the current state of the African tech ecosystem, as reshaped by COVID-19 pandemic.

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crowdfunding in Africa

What is the current landscape of crowdfunding in Africa and how can it be an empowering tool to bridge the funding gap for startups in the continent?

According to Afrikstart’s ​Crowdfunding in Africa, ​Africa-based crowdfunding platforms make up less than 0.1% of global crowdfunding deals. However​,​ the potential African market size
is $2.5 billion by 2025. Our goal is to explore the current state of crowdfunding in Africa, pointing out the potential upside.

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The State of Tech in Africa 2020 Report

What are the innovations and investment trends that defined the tech ecosystem in Africa in 2019 going into 2020?

Operating at the intersection of tech startups, major corporations & investors, AfricArena draws on the experience of 3 years on the trends that define the developments of the robust African ecosystem. The report delves into the state of tech innovation in Africa, the most dynamic sectors, the main challenges & opportunities for the startup founders, how corporations utilize open innovation approaches, the investment landscape, and much more.