Uniting Innovation: The Future of Africa’s Tech Landscape

Uniting Innovation: The Future of Africa’s Tech Landscape As Africa’s tech ecosystem continues to evolve, the need for unity and collaboration has never been more pressing. The AfriLabs Annual Gathering 2024, which will take place from November 5th to 8th, 2024, under the theme “Uniting Innovation,” promises to bring together innovators, policymakers, and industry experts to shape the future of Africa’s tech landscape. According to a joint report by Google and the International Finance Corporation titled “e-Conomy Africa 2020”, the internet economy in Africa is projected to reach $180 billion by 2025, accounting for 5.2% of the continent’s GDP. This growth is driven by increased internet access, urbanization trends, and a vibrant startup ecosystem (IFC).  At this year’s AfriLabs Annual Gathering (AAG), AI emerges as a pivotal theme. AI has the potential to dramatically enhance these projections. McKinsey & Company estimates that AI could boost Africa’s GDP by up to $1.2 trillion by 2030. Already, AI applications in healthcare, finance, and other sectors are demonstrating significant impacts, from improving diagnostic accuracy to enhancing financial inclusion. Discussions at AAG 2024 will focus on strategies to harness AI’s transformative power, aiming to accelerate economic growth and foster sustainable development across the continent (McKinsey & Company). Another critical track is sustainability, a theme that resonates deeply in Africa, where the impact of climate change is already being felt. Innovators and policymakers will come together to discuss how technology can be used to drive sustainable development and build resilient economies. For instance, renewable energy sources like solar and wind power have the potential to reduce carbon emissions by up to 70% in Africa, according to the United Nations. The future of work is another area of focus, as Africa grapples with the challenges of unemployment and skills development. The conversation at AfriLabs will center around how innovation and technology can create new opportunities for employment and entrepreneurship. The African Development Bank estimates that digital technology could create up to 230 million jobs in Africa by 2030, with a significant portion of the workforce engaged in the gig economy (Global Institute). Healthtech, fintech, and edtech are also on the agenda, as Africa’s innovators showcase solutions that are revolutionizing healthcare, finance, and education. For example, mobile health (mHealth) solutions have improved healthcare outcomes in Africa, with a study by the World Health Organization showing that mHealth interventions have increased vaccination rates by up to 20% in some countries. Beyond technology, the AfriLabs Annual Gathering emphasizes unity and collaboration. It seeks to unite diverse perspectives to drive innovation and sustainable development in Africa’s evolving tech ecosystem. Join us at the AfriLabs Annual Gathering 2024 and be part of the conversation that will shape the future of Africa’s tech landscape.

AfriLabs and Make-IT in Africa team up to bolster local networks of African innovation enablers at the 2021 AfriLabs Annual Gathering and beyond

AfriLabs is excited to announce that we are partnering with Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH to support local networks of innovation hubs in Africa. The partnership with the GIZ project Make-IT in Africa supports the organizational development of local tech hub networks and associations, as well as strengthens the connection between tech hub networks and AfriLabs through a series of strategic discussions before and during this year’s AfriLabs Annual Gathering in Nigeria. In 2019, at the AfriLabs Annual Gathering in Ethiopia, Make-IT in Africa and AfriLabs joined hands in support of emerging local hub networks. A workshop was jointly organized and hosted to discuss challenges and opportunities arising for local hub networks in Kenya, Ghana and Nigeria. The session promoted a better understanding of networks’ mandates and objectives, dialogue and peer exchange, but it also inspired delegates from other countries, like Rwanda, to explore setting up networks of their own. This year, we plan to build on the progress made in 2019 with a series of workshops that continue exploring the added value tech hub networks bring to our ecosystems, the needs of emerging networks and, especially, the support AfriLabs, as well as other ecosystem actors, could provide to such networks. The insights will be presented during the main panel session on Day 1 of the 2021 AfriLabs Annual Gathering and will cater primarily to tech and innovation hubs and their networks, but will also address entrepreneurs and start-ups, policy makers, development organizations and AfriLabs itself. “AfriLabs and Make-IT in Africa share the same vision. By creating networks and nurturing regional connections, we both support local partners to lay strong foundations for robust and resilient innovation ecosystems”, says Matthias Rehfeld, Make-IT in Africa’s Head of Programme. “Having laid a great basis for our cooperation in 2019 we now bring our partnership to the next level: we are excited to continue building on the strengths of local hubs networks. ”  As AfriLabs is in the process of developing its next 10-year strategy, these discussions could not be more timely. The feedback and agreements from the dialogue will inform the strategic direction AfriLabs will take in supporting existing and emerging networks in the future. AfriLabs Executive Director, Anna Ekeledo says “We are delighted by this partnership as it is very timely and plays a crucial part in improving AfriLabs strategy in enabling innovation. More than ever, we need to strengthen local hub networks if we are to scale quality and relevant innovation support to the startups beyond the reach of the limelight. This is how strategic collaborations promote inclusivity and sustainable growth, and we hope to see more in the near future.”   About the AfriLabs Annual Gathering The AfriLabs Annual Gathering is AfriLabs’ flagship event which provides a unique opportunity for tech hubs within the AfriLabs network and other stakeholders of the African technology and innovation ecosystem (such as corporates, development agencies, academia, and investors) to convene, network, learn and share knowledge. The 2021 AfriLabs Annual Gathering marks AfriLabs 10th year of existence and the event aims to celebrate and reflect on this milestone, and what the future holds for innovation in Africa. Be a part of the AfriLabs Annual Gathering, to be held 27-29 October 2021 in Abuja, Nigeria as well as virtually. Register here to access the event. If interested in partnership and sponsorship, please send an email to felista@afrilabs.com.   About Make-IT in Africa Make-IT in Africa believes in the catalytic power of African innovation and digital technologies for green and sustainable development. In close collaboration with digital visionaries like start-ups, innovation enablers and political partners, we empower African innovation ecosystems. Together, we aim to strengthen an environment in which the full potential of African digital innovation can unfold.  Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH implements this project on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ).