Tag: Daily Nation

Europe shows how Africa’s tech hubs can thrive

Europe shows how Africa’s tech hubs can thrive

Startups, Technology
Cities in Europe have woken up to emulate the success in Silicon Valley. The New York Times reported that President Emmanuel Macron urged the French to make their country “the leading country for hyper-innovation.” He encouraged the crowd of entrepreneurs to “transform” and “shake up” the country. On its part, the French government committed to support entrepreneurs through a number of incentives including, making the country more business-friendly. The story of European start-ups is the same across capitals. New venture capitalists are emerging to support the growing appetite for entrepreneurship and they are succeeding. The United Kingdom, which was a front-runner in creating technology hubs, is reaping big returns from the sector. According to Tech Nation, a government report