When you think of South Africa, several things may come to mind. Table Mountain, Kruger National Park, and Nelson Mandela’s long walk to freedom may top the list. Many business-minded people may consider the fact that South Africa is home to 90% of the world’s platinum reserves and contained just under half the gold resources on the entire planet. But South Africa is finding its feet in another realm – that of technology start-ups. 2019 has seen a steady rise in successful and innovative tech start-ups that are hoping to establish Johannesburg as the next Silicon Valley. What are some of the most promising tech start-ups to come out of South Africa?
Why are start-ups succeeding in South Africa?
The changing nature of South Africa and its population has led to a melting pot of tech ideas. One of the reasons that the barrier to start-ups has been lowered is due to the range of investors available to fund some of these lofty ideas. There are angel syndicates comprised of investors, such as Jozi Angels, the South African Business Angel Network, Africa Angels Network, and AngelHub Ventures …read more