Four Trends Accelerating Entrepreneurship in Africa

Longitudes

This month, President Obama will make his second trip to Sub-Saharan Africa for the Global Entrepreneurship Summit, highlighting the growing importance of Africa on the international stage and the increased dynamism of business on the continent.

As Steve Case, Co-Founder of AOL and an investor in African entrepreneurs says, “Historically, Africa has been viewed by many as a problem to solve – but now there is a growing recognition it is in fact an opportunity to seize and entrepreneurs leading the way.”

Africa2_0_Slide13-0011 Click to enlarge

East Africa has seen incredible changes over the past decade with the rise of Silicon Savannah and its tech hubs. Unlike Silicon Valley, with its roots in quantum physics and semiconductors, tech in Sub-Saharan Africa is more citizen-driven— tackling issues as basic as workers in Nairobi waiting at bus stops with paper sacks full of money.

[pullquote align=right]East Africa has seen incredible change with the…

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