Cape Town Is Africa's Rising Tech Powerhouse

Cape Town is rapidly emerging as a leading technology hub in Africa, earning titles such as Africas Tech Capital and Startup Capital of Africa. With a robust ecosystem of startups, incubators, and accelerators, the city is attracting significant investment and talent.?

The Cape Town-Stellenbosch corridor hosts over 450 tech firms, employing more than 40,000 people, surpassing the tech ecosystems of Nairobi and Lagos combined. The city is home to nearly 60 of South Africa's startups, including notable companies like Yoco, Aerobotics, SweepSouth, and JUMO. ?

Cape Town boasts one of Africas largest open-access fibre networks, with internet penetration at 63. The city supports innovation through over 30 co-working spaces and more than 22 active incubators and accelerators, such as CiTi, which has incubated over 2,000 businesses since 1999. ?

The presence of top-tier universities, including the University of Cape Town and Stellenbosch University , contributes to a skilled workforce, with Cape Town hosting 38 of South Africas developers. ?

Cape Town has seen substantial foreign direct investment, particularly in software and IT services. The city has also attracted global attention by hosting significant events like the Earthshot Prize Week, emphasising its role in fostering environmental innovation.