African Tech Daily

Latest African technology news and insights

funding

Qualcomm Empowers African Startups with "Make in Africa" Programme as Sector Sees 50% Investment Surge

Amara Okonkwo
Qualcomm Empowers African Startups with "Make in Africa" Programme as Sector Sees 50% Investment Surge

African tech startups have seen a significant surge in investment, with a nearly 50% increase in funding, according to recent reports. This uptick in investment is a welcome development for our continent's entrepreneurs, who have faced challenges in securing capital in recent years. Meanwhile, Qualcomm has unveiled its "Make in Africa" programme, designed to empower African startups and foster innovation on the continent.

Qualcomm's "Make in Africa" Programme

The "Make in Africa" programme is a significant initiative that aims to support African startups in developing cutting-edge technology solutions. By providing resources, expertise, and funding, Qualcomm is helping to bridge the gap between African innovators and the global tech ecosystem. This programme is a testament to the potential of African startups and the opportunities that exist for growth and innovation on the continent.

Investment Surge: A Positive Trend for African Tech

The 50% increase in investment in African tech startups is a positive trend that reflects the growing confidence of investors in our continent's entrepreneurial ecosystem. This surge in funding is expected to have a ripple effect, enabling startups to scale and expand their operations, creating jobs, and driving economic growth. As our continent continues to produce innovative solutions to real-world problems, we can expect to see even more investment flowing into the sector.

Empowering African Innovators

Trusted by Families Across the Diaspora

Keep Your Family Connected with Remmittance.com

Send airtime, pay electric bills, and manage subscriptions for your loved ones back home in seconds. Fast, secure, and affordable support when it matters most.

  • Instant Delivery
  • 99.9% Success Rate
  • Pay Electric Bill
  • 24/7 Support
Send Support Now →
Happy family member using Remmittance

Programmes like Qualcomm's "Make in Africa" initiative are crucial in empowering African innovators to develop solutions that address our continent's unique challenges. By providing access to resources, expertise, and funding, these programmes help to level the playing field and enable African startups to compete globally. As we celebrate this surge in investment and innovation, we must also acknowledge the critical role that programmes like "Make in Africa" play in driving our continent's tech ecosystem forward.

Building Africa's Tech Future

As we look to the future, it is clear that African tech startups have a critical role to play in driving economic growth and innovation on the continent. With initiatives like Qualcomm's "Make in Africa" programme and the surge in investment, we are seeing a new era of opportunity for African entrepreneurs. As we continue to support and empower our innovators, we can expect to see even more exciting developments in the African tech sector, and a brighter future for our continent.

About the Author

Amara Okonkwo

Amara Okonkwo

Senior Technology Correspondent

Senior Technology Correspondent and Market Intelligence lead. Amara tracks the flow of venture capital and the evolution of fintech infrastructure across the continent's major tech hubs. She specializes in analyzing the intersection of traditional finance and leapfrog digital technologies.

View all articles by Amara Okonkwo →

Related Articles

Delta40 Secures Sh2.6 Billion from Soros to Boost African Startup Investment
funding

Delta40 Secures Sh2.6 Billion from Soros to Boost African Startup Investment

Soros-backed African startup fund signals surge in tech investment as funding leaps by almost 50%
funding

Soros-backed African startup fund signals surge in tech investment as funding leaps by almost 50%

Kenya’s 50 Deals Signal Shift in African Startup Funding as South Africa Market Diversifies
funding

Kenya’s 50 Deals Signal Shift in African Startup Funding as South Africa Market Diversifies