The industrial revolution marked a turning point in the history of man when machines could execute work processes faster than the slaves. So human labor became surplus to requirement. Fast forward to the 21st century, technology is still driving change and growth in many economic settings both macro and micro. Across the continent but more concentrated in Sub-Sahara Africa, has witnessed a surge in tech-backed firms that have become cardinal to the growth of many sectors in Africa.
But the startups are plagued with many regulatory issues by governments that affect their operations. Despite these hindrances, they have become the preferred destinations of many investors' cash. This has caused many to grow and expand into more countries and territories.
Today on Business Edge, Tolu and her guest, CEO, Kawai Technologies Ltd. Akinbo Akin-Olugbade, talked about Building Africa's Startup Ecosystem.
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