Cape Town – The city is gearing up for Cape Town Investors Week during which over 500 top global investors will set their feet in the city to celebrate Africa’s booming tech ecosystem.
Cape Town boasts a network of over 450 tech firms, and with its breathtaking, scenic views and interconnected tech nodes within the ecosystem that is among the best in the world, the city has earned its name as Africa’s Silicon Valley.
It is here, in the midst of a city renowned for pioneering ideas and technology across various sectors and disciplines that has transformed the way the world does things, Cape Town is the perfect place for the global tech village to convene, collaborate, and share knowledge, expertise, and insights that will catapult Africa’s tech ecosystem into the future.
The fact that over 500 investors are arriving in Cape Town ahead of the festive season makes Alderman James Vos, the City of Cape Town’s Mayoral Committee Member for Economic Growth, smile.
Responsible for stimulating economic growth within the city’s key sectors, Vos said: “The City of Cape Town is proud to support this year’s AfricArena Grand Summit because it aligns with the city’s goal to promote inclusive economic growth by leveraging technology for investment and job opportunities and because the event strongly positions Cape Town as a forward-looking, globally competitive business and tourism location”.
A Tech Fest For Everyone, Showcasing Africa’s Top Tech Talent
There is a smorgasbord of tech-oriented events and side events, with something for everyone to enjoy in the city, with different events targeting a specific sector within the investor ecosystem in some of the city’s most beautiful and historic spots.
At the heart of all the thrilling tech excitement are a series of AfricArena events, with the Cape Town VC Unconference and Founders Bootcamp kicking off this weekend from 2 – 4 December 2023; the AfricArena Grand Summit taking place from 5 – 6 December and the Cape Town Learning Expedition on 7 December.
With the world turning its eyes to Africa for groundbreaking solutions, there is much on offer within the ecosystem.
Christophe Viarnaud, founder and CEO of the Methys Group and AfricArena said: “We are very excited to see the high quality of African-bred, African-led tech startups emerging out of Africa and within the African diaspora showcasing Africa’s incredible potential to solve intricate global challenges through innovative solutions.
“The way our strategic partners strongly support our events that belong to the ecosystem is a testament to Africa’s vast investment potential for African and global investors looking for the next high-growth tech startup to invest in.”
AfricArena Grand Summit Is The Largest Dealroom in the City, Igniting Opportunities
As the premier platform on the African continent to accelerate African tech ecosystems and foster investments in African tech entrepreneurs, AfricArena, together with its stakeholders and partners collectively raised over $600 million in capital.
The Grand Summit is the grand finale of the 2023 AfricArena Tour which saw AfricArena visit five African cities (Johannesburg, Cairo, Dakar, Nairobi, Tunis), one US city (New York) and two European cities (Berlin and Paris) in the search for Africa’s top tech startups that are solving global issues through innovative technologies.
