ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business

Africa is becoming a hothouse for startups

iHub is one of the incubators for startups based in the Bishop Magua Centre in Nairobi, Kenya.   © Ken Moriyasu

NAIROBI, Kenya/TOKYO -- In a dimly lit office in a five-story building on Ngong Road in the Kenyan capital, young Africans flip off their shoes, crouch on a sofa and tap away at their laptops. On the wall is a poster that reads,"How to start a startup." Rule No. 2 tells would-be business owners to find "what is missing in the world."

Welcome to the Bishop Magua Centre, a home to tech accelerators and some of Kenya's growing tech companies. On a continent still coming to grips with rapid economic growth, a lot of things are missing. Entrepreneurs have noticed and are feeding a vibrant startup scene that is transforming Africa.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more