Investing in Africa: Creating an Advanced Ecosystem of Corporate-backed Innovation

By Vahid Monadjem, CEO of Nomanini

Over the past two decades, a number of African economies have shown remarkable growth – with several African corporates establishing a formidable presence in the global arena. Alongside this growth, the continent has become a veritable hotbed of innovation, fuelled by an entrepreneurial spirit that has seen start-ups (many in the mobile and telecoms space) flourish. Arguably, however, Africa’s potential for growth – and its ability to produce sustainable, global businesses – remains inhibited by fragmentation.

Across the continent, and indeed in many other developing regions, disconnected economies are building products and services in silos. …read more