African tech start-ups raised 53% more funding in 2017 compared to 2016, promoted by skills and development support received from tech hubs throughout the continent.

This is according to research by the GSMA Ecosystem Accelerator, which provides an analysis of tech hubs operating across Africa in 2018 and keeps track of the ever-increasing role innovation and entrepreneurship play in African economies.

From itWeb.com.

GSMA defines tech hubs as “physical spaces designed to foster and support tech start-ups”, which include incubators, accelerators, co-working spaces, fab labs, makerspaces, hackerspaces, and other innovation centres.

Tech hubs today are efficient vehicles to not only attract capital and expertise, but to lead the very debate around technology and progress, notes the report.

Read more at itWeb.com.