U.S. Investments Surge For African Tech Entrepreneurs

Figures that forward looking US tech investors would be pioneers in investing in Africa. Will others get in the game or continue to be left behind?

TechCrunch

From the largest technologycompanies to early stage investors, American high tech companies and venture capitalists are increasingly supporting startups across the African continent.

Whether it’s the 16 mobile apps in Botswana that Jim Goetz mentioned in his take on Facebook’s acquisition of WhatsApp; the launch of IBM’s new innovation centers in Lagos and Casablanca; Microsoft’s partnership with three incubators in Africa, or the African Development Bank’s recent summit on how to engage the private sector more effectively, African entrepreneurship is on investors minds.

In fact, 2013 was the most active year for technology investment on the continent, according to data from CrunchBase.

And Africa’s community of entrepreneurs is only growing. Those IBM Innovation Centers in Lagos and Casablanca will give founders of new tech companies access to IBM technology and expertise around big data, analytics, and cloud computing, as well as skills training and business…

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