Africa's Emergent Tech Sector: Characteristics and Development Implications

This study examines the characteristics of Africa's tech sector and its implications for development. Using a database of technology firms in Africa, we show that start-ups are increasingly attracting funding across Africa, especially in underdeveloped sectors such as finance, retail, and trans...

Full description

Saved in:
Bibliographic Details
Main Authors: Jann Lay, Tevin Tafese
Format: Article
Language:English
Published: SAGE Publishing 2025-04-01
Series:Africa Spectrum
Online Access:https://doi.org/10.1177/00020397241306454
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849700171096522752
author Jann Lay
Tevin Tafese
author_facet Jann Lay
Tevin Tafese
author_sort Jann Lay
collection DOAJ
description This study examines the characteristics of Africa's tech sector and its implications for development. Using a database of technology firms in Africa, we show that start-ups are increasingly attracting funding across Africa, especially in underdeveloped sectors such as finance, retail, and transportation. We then illustrate that African start-ups’ digital technologies are often tailored to local contexts to attract, connect, and retain customers. Finally, we discuss transmission channels and review the existing evidence on the impact of digital technologies, particularly platforms, in Africa. We conclude that digital platforms hold significant development potential by addressing key market and government failures, as documented for the expansion of mobile money, but that the impact of other platforms, such as e-commerce, may be more ambiguous than expected. Consequently, there is an urgent need for more evidence on the impact of emerging digital technologies on African individuals, firms, and farms to guide effective policy responses.
format Article
id doaj-art-475346afa9cc44ada08402044c0a0bf2
institution DOAJ
issn 0002-0397
1868-6869
language English
publishDate 2025-04-01
publisher SAGE Publishing
record_format Article
series Africa Spectrum
spelling doaj-art-475346afa9cc44ada08402044c0a0bf22025-08-20T03:18:22ZengSAGE PublishingAfrica Spectrum0002-03971868-68692025-04-016010.1177/00020397241306454Africa's Emergent Tech Sector: Characteristics and Development ImplicationsJann LayTevin TafeseThis study examines the characteristics of Africa's tech sector and its implications for development. Using a database of technology firms in Africa, we show that start-ups are increasingly attracting funding across Africa, especially in underdeveloped sectors such as finance, retail, and transportation. We then illustrate that African start-ups’ digital technologies are often tailored to local contexts to attract, connect, and retain customers. Finally, we discuss transmission channels and review the existing evidence on the impact of digital technologies, particularly platforms, in Africa. We conclude that digital platforms hold significant development potential by addressing key market and government failures, as documented for the expansion of mobile money, but that the impact of other platforms, such as e-commerce, may be more ambiguous than expected. Consequently, there is an urgent need for more evidence on the impact of emerging digital technologies on African individuals, firms, and farms to guide effective policy responses.https://doi.org/10.1177/00020397241306454
spellingShingle Jann Lay
Tevin Tafese
Africa's Emergent Tech Sector: Characteristics and Development Implications
Africa Spectrum
title Africa's Emergent Tech Sector: Characteristics and Development Implications
title_full Africa's Emergent Tech Sector: Characteristics and Development Implications
title_fullStr Africa's Emergent Tech Sector: Characteristics and Development Implications
title_full_unstemmed Africa's Emergent Tech Sector: Characteristics and Development Implications
title_short Africa's Emergent Tech Sector: Characteristics and Development Implications
title_sort africa s emergent tech sector characteristics and development implications
url https://doi.org/10.1177/00020397241306454
work_keys_str_mv AT jannlay africasemergenttechsectorcharacteristicsanddevelopmentimplications
AT tevintafese africasemergenttechsectorcharacteristicsanddevelopmentimplications