EVALUATING THE AFRICAN DEEP-TECH STARTUP ECOSYSTEM

BRITER BRIDGES

Conclusion

This report provides an overview of the landscape corporations are set to encounter as they begin to scope the opportunities for deep-tech across Africa. The continent remains underexplored and under-resourced when it comes to meeting the demand for financial and technical inputs to deep-tech ventures, and the high costs associated with the development of robust and cutting-edge technologies represent a significant obstacle to the development of a thriving ecosystem. Stakeholders in the deep-tech startups ecosystem, as well as interested parties and partners; are encouraged to work together in shaping the development of a well- functioning ecosystem by providing technical assistance, training, and enablement to companies, increasing the internal capabilities of ecosystem support organisations, offering more specialised programmes/training. There are also encouraged to foster collaborations between corporates and startups, involving governments and policymakers, providing access to experienced mentors and coaches; and creating synergies with existing players, such as venture capitalists, governments, academia, and regulators.

EVALUATING THE AFRICAN DEEP-TECH STARTUP ECOSYSTEM

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