of the population is between 10 and 24 years old.
The working-age population in Sub-Saharan Africa will increase by a factor of 2.5 by 2050.
An increasing urbanization of 4% per year.
million smartphone users in 2020.
million Facebook users.
African countries among the top 20 fastest growing countries in 2015.
Mainly English-speaking countries, leaders in terms of dynamism in startup creation and ecosystem development (e.g. Crowdfunding, mobile-Payment development).
Countries closer culturally to the countries of Europe and the Middle East tend to create startups favoured by a higher level of human and technological development, and a higher rate of urbanization than the rest of the continent.
New actors from West Africa French-speaking countries (except Ghana) with a recent dynamic in the startup sector with an impact on the whole region.
Countries with a predominantly rural population, low levels of human development and weak ICT infrastructure.
Start-up performances are relatively high in the leading countries of English-speaking Africa, followed by West African countries.
Currently, only 2 companies (AIG (a company initiated by Rocket Internet, notably holding Jumia) and Interswitch (Nigeria)) can be considered as unicorns (valuation close to USD 1 billion) at the continental level.
The continent is experiencing significant growth in the supply of co-working spaces, a trend mainly driven by Egypt and South Africa with nearly 60% of the supply.
or even a total lack of presence in some countries, which prevents many project leaders from accessing their services (concentration in large urban centres).
to effectively support generally immature startups by providing them with the necessary means to survive and develop.
the success of incubation programs depends largely on existing government policies, which do not provide sufficient support for these organizations.
often initiated by private actors, most programmes in Africa lack visibility and financial strength, limiting their impact.
These participatory financing methods are developing, particularly in East and South Africa. They are perfectly adapted to the specificities of the continent, with a large diaspora and financial resources. The main problem lies in access to means of payment.
Unlike developed countries, African countries’ legislation does not provide for clear valuation schemes for companies during the early stages of development or exit options for investors, thus limiting the enthusiasm for this type of investment.
With the exception of South Africa, which has a level of maturity close to that of developed countries, funds specialising in Seed Capital and Venture Capital are virtually non-existent on the continent.
Incubators and accelerators, entrepreneurship promotion organizations can provide small initial funding for projects with high potential.
However, the limited access of these organizations to sustained and substantial funding limits their ability to support.
Business creation remains complex in Africa, hence the need to be supported by an operational support organization.
In 25 African countries, the time to start a business is longer than 21 days (world average). However, many countries have been able to streamline the process (such as Cameroon and Morocco).
High taxes are a bottleneck for entrepreneurs
More than 50% of Africa’s urban population is online, mainly through a mobile phone.
Mobile penetration increased by 11% per year between 2008 and 2013.
By 2013, Africa had more than 800 million mobile subscribers.
among young people from higher education institutions, companies have difficulty finding qualified people for their positions.
keys to becoming entrepreneurs, especially soft skills: leadership, planning, time management, communication
the courses offered in the faculties are generally too theoretical and difficult to attract vocations, because teachers are rarely available, because teachers are rarely equipped with the necessary experience and private interveners are too expensive.
are often concentrated in major urban centres.
in most West African countries are very low with a very limited contribution from the private sector and governments, most of which have not established national R&D and innovation strategies.
(Kenya, Ethiopia, Uganda…) and are seeing their R&D spending increase sharply, particularly through a major effort by the private and public sectors.
(including science) and the brain drain explain the skills shortage and lack of qualified personnel.
could be achieved through the return of the diaspora to the country. Foreign-trained individuals would thus bring the necessary skills and play a major role in new technology and innovation policies.
place Morocco in the top 3 MENA countries in the United Nations e-Gov ranking, halve the proportion of Moroccans without Internet access and increase the number of SMEs with a connection to 20%.
to become one of the three most successful countries in the MEA zone in terms of datacom infrastructure and IT business environment. Double the number of digital professionals trained each year in Morocco, to reach 30,000 training courses per year by 2020.
achieve an offshoring growth rate of 5 to 10% per year, becoming the first digital hub in French-speaking Africa and the second in Africa.
Entrepreneurship is not considered an attractive career option for most Moroccan students who far prefer to work as employees.
IT engineers from high-level training courses are in high demand by “mature” companies and are less inclined to take the risk of creating a startup.
The operational support offer for startups is particularly low, limited to two social incubators and one accelerator.
remain very limited; apart from financing and an offer of equity loans subject to strong competition, only one venture capital fund is active in Morocco (a new seed capital fund was launched in January 2017).
and crowdfunding platforms are also struggling to develop, particularly because of dissuasive regulatory barriers and investors’ lack of enthusiasm for startups.
is very little driven by large companies.
one of the main supporters of the ecosystem, poses a significant threat.
the poor quality of the network and prohibitive prices present a significant barrier to the ICT inclusion of the population.
Only 6.9% of the population is enrolled in the 3rd cycle.
composed of events (international competitions dedicated to the startup) and support entities.
has been expanding since 2014 with the creation of 2 coworking areas and 3 incubators.
strengthening technical and vocational education institutions, training out-of-school youth, creating jobs for young people in the private sector, supporting young entrepreneurs, subsidies and operational support for SMEs, creating a certification framework….
for the employment of young people, in order to develop entrepreneurship, facilitate financing (projects of less than €3000) and increase the employability of young Malians.
The government has developed a strategic plan 2015-2018 to simplify the business climate in Mali, with the launch of a one-stop shop in 2009. Since then, 25,000 companies have been created.
Implementation in 2017 of the world-class Webforce3 computer training program in Bamako, to fill the shortage of intermediate technicians and meet the needs of recruiters.
The Digital ICT Scheme aims to achieve a contribution of ICTs to 15% of GDP by 2020.
The Ivorian government, supported by professional federations, has been able to simplify business creation and offers tax advantages to ICT companies.
Example of incentives for young ICT companies:
Tax exemption during the first year for ICT companies
Reduction of the administrative burden related to the tax audit of SMEs
are mainly technical profiles, often self-taught, poorly trained in the management of a company.
generally have international expertise and financial resources not available in the country.
face significant shortfalls in support offers, particularly in the start-up phase.
accelerators and co-working spaces, the offer remains unknown and poorly distributed: two accelerators in Abidjan and a Technology Park, the VITIV, which struggles to attract companies because of its distance from Abidjan (40 km).
are now the main source of funds and equipment for promising young start-ups.
recently offering tickets below €300k, aligned with the needs of a growing startup, but only targeting “traditional” companies.
Ghana, applications and training campuses
Nigeria, applications and incubation
Kenya, applications and incubation in 2017
South Africa, applications and incubation in 2017
Ivory coast, applications in 2017, campus incubation planned in 2018
Goals of the Smartup Foundation :
Identify high-potential projects
Supervise the transformation of these projects into innovative companies in the telecom/ICT sector (mentoring, training)
Support the search for funding, mainly through funds
This hub offers:
Investor pitch sessions
An incubation program of 1 to 2 years.
also plans to create a technology hub offering integrated support and financing.
complementary to the code has been deployed in the city of Bouaké and will have to be reproduced in Abidjan.
has initiated several initiatives to support the development of the Ivorian ecosystem: the Ivorian Innovation Fund, the Prodije Incubator, BoostAfrica (financing and technical support).
Firms in the ICT sector that have successfully emerged will struggle to recruit qualified technician-level profiles.
and middle income.
an annual GDP growth rate of 10% (compared to 5.6% in 2015) by 2030.
as an African leader in the outsourcing of business processes in IT services, telecoms, life sciences and education.
konza Technology City with a target of 200,000 jobs.
dedicated to technologies and innovation, as well as public policies for the development of innovation and ICT.
has allowed the country to have access to a quality telecom network at lower costs.
particularly in the United States and the United Kingdom, or having worked in large international technology groups (e. g. Google, Microsoft)
attracted by the abundance of innovation opportunities and the accessibility of venture capital funds
passionate about technology and encouraged to entrepreneurship by the existence of national success stories; an option considered as an attractive response to unemployment rates and low wages
Faced with high unemployment, young Kenyans are encouraged to innovate, with strong support from abroad.
a collaborative innovation cluster created in 2010, with 16,000 members, has also encouraged the emergence of many players in the ecosystem.
has grown considerably in recent years, but they lack the appropriate tools and expertise to monitor the progress of incubated companies during and after the program.
Access to financing through business angels remains low, due to a lack of visibility on investment opportunities and speculative valuations.
Venture capital funds are widely present in the ICT and Telecom sector. They focus on established and developing startups, with an average ticket of USD 1M. Project leaders needing mid-cap tickets (50 K to 1 M USD) are therefore struggling to find sources of financing.
As for crowdfunding, it is present but remains little known to foreign investors.
public policies have been deployed to support VSEs but are unsuitable for startups.
and ecosystem structuring is perceived as a major obstacle to the effectiveness of the initiatives deployed.
The education system suffers from a lack of teaching staff and trains few technicians. However, private ICT training has developed to fill part of this gap.