In an effort to build a more inclusive and opportunistic world, tech companies are opening shop in Africa. These tech companies are boosting both the social and economic growth of African countries as well as scaling and impacting the entire development of the continent. Products that might have taken years to sell to Africans are now being sold through e-commerce platforms. Information is now available across the entire continent, making Africa an incredibly large market for companies to tap into.
Tech companies have also become relatively cheaper to start, which makes developing a tech startup that much more attractive to the average African. This does however bring about a challenge—access to funding. All that these young entrepreneurs need is access to a computer and internet to get the funding they need to get started. Although still in the beta phase in Africa, crowdfunding is an excellent method of gathering small funds to assist in the development of a startup idea.
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