Cape Town Hones Ambitions To Become An African Tech Hub
“It is perhaps too easy – and too early – to designate a specific geographic zone as our local ‘Silicon Valley’. What we can say is that between Cape Town and nearby Stellenbosch, there is a good deal of entrepreneurial business action,” says Fabian Whate, head of Naspers Foundry, a startup funding initiative set up by the tech behemoth. Diverse tech sector Cape Town is also home to some of South Africa’s largest financial institutions, which explains the emergence of several innovative fintech solutions – but success isn’t confined to this sector....