On May 16th we were at the Africa Tech Summit in London hosted by Andrew Fassnidge of AppsAfrica.com. #ATSLDN was a convention of professionals, tech experts and investors from across the world with keynotes, breakout sessions and roundtables focused on growth opportunities in the tech ecosystem across Africa.
Two keynotes that stood out were How Blockchain Can Transform Africa delivered by Ecobank Head of Group Research, Dr. Tedd George. The other was YEGOMOTO: Africa’s 1st Motorcycle Booking App delivered by Yegomoto CEO & Founder, Karanvir Singh.
The key takeaways from the various speakers were:
- Collaboration with local private and public sectors are important for the success and sustainability of any type of investment
- Investments should be context specific and investors should be conscious not to impose their ideologies without understanding the markets they are investing in
- There is a great need to support SMEs in becoming investment ready
- Technology has the potential to develop Africa at a faster rate if leaders are open to the changes technology can bring