African tech startups are booming, despite a global slowdown in venture capital. In 2022, they raised $6.5 billion, marking an 8% increase year-on-year. This growth is being driven by promising GDP growth forecasts, which are attracting future investments from international players. The African tech ecosystem is comparable to Europe in the early 2010s, and it’s clear that this year’s GITEX Africa 2024 event is set to be even bigger and better than the inaugural conference and exhibition held last year.
The event will take place from 29 to 31 May in Marrakech, Morocco and will feature entrepreneurs and founders from across the continent showcasing their innovations in cloud and IoT, cybersecurity, digital health, future finances, consumer technology, telecoms, and AI. European startups should definitely consider attending this event as it provides an opportunity to network with professionals, meet potential investors, learn from industry experts and connect with emerging talent.
At this year’s event there will be a startup competition with a $100,000 prize for the winner. Additionally attendees can take part in certified training courses on topics like generative AI, blockchain development and data science applications. These courses will provide attendees with the knowledge they need to stay ahead of the curve in their respective industries.
GITEX Africa 2024 promises to be an exciting three days of networking, learning and exploring the latest trends in the tech industry. With its focus on innovation and entrepreneurship it’s clear that this event is set to be a must-attend for anyone looking to make a name for themselves in the world of technology.