Augmenting Tech's Transformation of Sub-Saharan Africa
Read our article in the Stanford Social Innovation Review
NEWS & FEATURES
Building Resilient African Digital Economies post-COVID – Focus on Nigeria
Nigeria, Africa's most populous country, has 90 tech hubs -- the most on the continent. In recent years, the country has become an incubator for some of the continent's most prominent startups -- including Paystack, Flutterwave and Andela to mention a few.
The result is a generation of tech entrepreneurs whose startups and innovations have been helping to improve the lives of people in Nigeria and beyond. But then COVID-19 struck and has since ushered us all into the most dramatic digital transformation in a generation!
Across continents, people have had to adapt to a ‘new normal’. Digital is the new “oil”, as they say.
From remote working capabilities to new business models and innovations, digital technologies have captured our attention and boosted certain sections of the digital economy.
But has this transformation benefited everyone? Are we all ready to take the opportunities that digitalisation has brought with it? Specifically, how has this ‘new normal’ impacted African startups, SMEs and entrepreneurs?
We will focus our attention on Nigeria in this edition.
To join the discussion, register here.
Building Resilient African Digital Economies post-COVID – Key Takeaways from Ghana Event
ATBN, together with the AfriConEU consortium of partners, is working to foster collaboration between African and European Digital Innovation Hubs (DIHs) and build a thriving EU-Africa innovation ecosystem.
On May 28, we hosted our first African Digital Ecosystems roundtable event, focusing on Ghana. Ghanaian Digital ecosystem stakeholders were brought together to discuss how DIHs can help local startups and businesses harness the opportunities that have emerged from the COVID-19 pandemic and address the challenges they face.
Below are some key takeaways from our panel discussion featuring Josiah Eyison, Co-Founder/CEO, iSpace, Gideon Brefo, Co-Founder, HapaSpace, Amma Sefa-Dedeh Lartey, Co-Founder, Social Enterprise Ghana.
The COVID-19 pandemic has ushered us all into a transformative digital age.
What do organisations and businesses need to do to survive in this context? According to Josiah Eyison: “Evolve or die”.
Panellists agreed that COVID-19 has had great positive impacts to a certain extent as it has pushed organisations to innovate and form partnerships. As Gideon Brefo put it, “innovation thrives well in chaos”. For example, digital hubs could shift some of their activities online by delivering virtual training and support for entrepreneurs."
This, in fact, enabled them to reach even more people and enhanced knowledge-sharing. Many start-ups had to rethink their business models and partner with other firms to reduce costs and survive.
The pandemic has also been a driver for digital adoption. With people spending more time online, the demand for data services and the internet skyrocketed, boosting certain sectors like data services, streaming, logistics, food, infrastructure and fintech.
From Ghana, we now turn our attention to Nigeria, where we look at the impact of Covid on the country’s Digital Innovation Hubs.
Join us on Wednesday, May 19, as we discuss Nigeria’s tech ecosystem.
Registration is now open. More details >> https://bit.ly/3bhL7Vn
Building Resilient African Digital Economies post-COVID – Focus on Ghana
COVID-19 has ushered us all into the most dramatic digital transformation in a generation! From remote working capabilities to new business models and innovations, digital technologies have captured our attention and boosted certain sections of the digital economy. But has this transformation benefited everyone?
How has this ‘new normal’ impacted African startups, SMEs and entrepreneurs? What about post-COVID? Are Digital Innovation Hubs (DIHs) ready to support African economies to take advantage of the new digital era?
To help us understand the capacity needs of DIHs in Africa, ATBN in partnership with HapaSpace and AfriConEU, the first Trans-continental Networking Academy for African and European Digital Innovation Hubs, will host a virtual roundtable under the theme:
“Building Resilient African Digital Economies post-COVID – The role of Innovation Hubs”
This event seeks to understand how hubs can be better supported to help African economies harness the digital opportunities that are arising and to catalyse innovation on the continent. Register here.
ATBN is proud to be part of a consortium of 11 African and European partners working to launch a networking academy for Digital Innovation Hubs across the two regions. The AfriConEu project will connect DIHs from Nigeria, Uganda and Tanzania with DIHs from Europe with the aim to (i) facilitate knowledge and experience sharing, (ii) drive the development of mutually beneficial partnerships and (iii) support the creation of collective projects for boosting digital economy, empowering youth and fostering innovation and growth. Read more
ATBN is a delivery partner of the "Bridging the digital gender divide to stimulate African digital economies" project funded by UK Research and Innovation (UKRI) and Global Challenges Research Fund. As part of the project, we helped establish Coalition for Digital Equality (CODE), a network connecting African digital ecosystem stakeholders with UK academic and industry partners to collaborate in addressing digital gender divide and create sustainable growth opportunities in Africa.
ATBN interviewed Africa tech players in Kenya, Ghana & UK about the challenges facing the ecosystem. In this Stanford Social Innovation Review article, we share our recommendations on how impact finance can help to drive sustainable growth in the sector. Read more
ATBN received a Design Foundations grant from Innovate UK to design a platform connecting UK investors to African tech startups and opportunities. In this article, we share our learning process and how the funding helped us achieve our goals. Read more
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