BRITER BRIDGES
The research counts 200+ deep-tech startups founded between 2000 and 2022 across the continent, with 79% being founded after 2014. The startups considered span across different sectors including healthtech, fintech, agriculture, e-commerce, and mobility, and are enabled by deep-tech e.g., ubiquitous computing, pervasive connectivity, AI, and Cloud to Edge infrastructure, which have been used as categories of tech clusters within the deep-tech space. State of the industry
Out of all the startups considered, the majority were located in either South Africa, Kenya, Egypt, or Nigeria, with South Africa taking the lion’s share. The figure below shows the concentration of startups across the continent deploying deep-tech. These startups were also concentrated in key cities, i.e., Lagos, Cape Town, and Nairobi. AI/ML, Computer Vision emerged as the tech cluster with the most companies in the continent followed by Data, Cloud & Edge.
Deep-tech innovators and startups are providing solutions for some of the most pressing challenges in different sectors across the continent. The most prevalent sectors where deep-tech is adopted are agriculture and healthtech.
EVALUATING THE AFRICAN DEEP-TECH STARTUP ECOSYSTEM
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