Africa: What We Can Learn From Africa's Small Business Success Stories.

Africa is often hailed as the birthplace of some of the world's most exciting tech startups. From Cape to Cairo, small businesses across the continent have become catalysts for change, helping to drive economic prosperity and leaving their mark on local society.continent has become a very attractive option for startup investment.

Much of the answer lies in providing these enterprises with the technology they need to drive operational efficiencies and scale their operations. Cloud technology has, for example, played an important part over the years in supporting Flutterwave's core operations. Kenyan startup, M-KOPA, which provides digital financial services to underbanked consumers, also relies heavily on the computing capacity of the cloud.

However, there are still many challenges to be addressed when it comes to drawing a larger number of the continent's SMEs into the digital economy. Africa is still behind other regions in the world when it comes to digital infrastructure coverage, access, and quality. We are also still battling a shortage of skills and inadequate regulatory policy environments. With just 22 percent of the population online, Sub- Saharan Africa is still the world's least connected region.

Source: News Formal (newsformal.com)

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