The accelerator of technological innovation in Africa gets underway

The accelerator of technological innovation in Africa gets underway
The accelerator of technological innovation in Africa gets underway

For its second edition, which will be held from May 29 to 31, 2024 in Marrakech, Gitex Africa Morocco 2024 is experiencing a spectacular expansion. The event has almost doubled in size compared to its baptism of fire with its 21 halls expected to accommodate more than 1,400 international exhibiting companies, marking an increase of 70%. “This growth demonstrates the growing interest in the African technology market and Gitex’s commitment to promoting innovation on the continent,” explains Trixie LohMirmand, CEO of KAOUN International, organizing company of the Show.

Another indicator showing the great success of Gitex AfricaNorth Star Africa even before its start-up, the platform dedicated to start-ups, will highlight more than 700 of the most innovative startups in the world, from 45 countries, including 200 Moroccan. Objective: “Boost investment in a dynamic startup ecosystem, with fundraising projections reaching $10 billion in venture capital by 2025,” explains the tireless LohMirmand.

On the eve of the start of Gitex Africa Morocco 2024, this linchpin of the event came to meet investors (mostly Americans) who were gathered on May 27 and 28 in the ocher city, at the initiative of the embassy from the United States to Rabat and Prosper Africa. She appealed to them as clearly as possible: “Believe in Africa as GITEX believed in it”. His audience today will be part of the large audience of the Show which is preparing to welcome some 350 international investors with the objective of “building a bridge between African innovators and global markets”.

Artificial Intelligence in the spotlight

Artificial intelligence will be at the heart of Gitex Africa 2024, with discussions focused on its potential to transform the African economy. According to Trixie Lohmermand, the rise of this algorithmic revolution could drain 1.2 trillion dollars into the African economy by 2030, increasing the continent’s GDP by 5.6%. “The capabilities of AI to revolutionize various sectors are fascinating, but require close collaboration with government decision-makers to guarantee responsible and ethical AI,” she said at the microphone of L’Observateur du Maroc during the presentation. official of the event in Rabat.

“For AI to thrive in Africa, it is crucial to invest in infrastructure, particularly in computing power. Without these investments, the African ecosystem will not be able to progress. Access to financing, particularly through venture capital funds, is also essential to support this technological growth,” she stressed.

An evolving ecosystem

Africa, with its young and dynamic population, has an immense reservoir of talent. “However, these young innovators need to connect to the rest of the world, access finance, technology and knowledge to fully integrate into the global entrepreneurship ecosystem,” explains Trixie LohMirmand. Gitex Africa plays a crucial role in providing opportunities for global connection and cooperation. The Show allows young innovators to interact with experts, investors and government officials to develop their products and advance the regulations necessary for their success. “This connectivity is essential to prevent Africa from being left behind in the global digital transformation,” insists LohMirmand.

By providing a platform for innovation and collaboration, Gitex Africa 2024 establishes itself as a key catalyst for digital transformation in Africa. This event confirms its position as a new global talent incubator.

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