United
States Secretary of state, Senator John Kerry has said that the 40 new
start-ups who participated in the 2014 edition of the Microsoft sponsored Demo
Africa exhibition were developing real world solutions worthy of real
investment and global attention, ITReams gathered.
This
is coming as he stressed that both research and evidence support the case for
Africa’s emergence into the global economic landscape.
Senator
Kerry who spoke through a recorded video message at the 2014 edition of Demo Africa exhibition
in Lagos recently said the US Department of State supports inspiring and
challenging African innovators and entrepreneurs through various initiatives,
including Demo Africa, observed that a great number f African countries are
demonstrating real promise toward a market led economic system.
“By
promoting entrepreneurship, especially among students and young professionals –
in other words, the next generation of innovators and inventors – and
harnessing their energy and creativity, we are contributing to a culture of
innovation and collaboration that creates opportunity and economic prosperity.
A
great number of African countries are demonstrating real promise toward a
market-led economic system, which will pave the way for inward investment
opportunities and economic growth. Both the research and evidence support the
case for Africa’s emergence into global economic landscape. The ecosystem is
particularly ready for high tech start ups”, he said.
Senator
Kerry who urged African Tech companies to excel added that the US Department of
State is one of the founders of the Lions of Africa.
“From
the perspective of the US Department of State, one of the founders of the Lions
of Africa partnership hosting this event, we see this event as a premiere
platform (Demo Africa) for the most innovative companies from across the
continent to launch their products and announce to Africa and the world what
they have developed.
And
today, real start ups are being created in Africa. They are developing real
world solutions worthy of real investment and global attention. This is the
rise of the African economy that provides an opportunity for key players to
forge partnerships for mutual economic benefits.
So
given all of this, now is the time for African Tech entrepreneurs to flourish
and they are doing so through platforms like Demo Africa”, he said.
Chukwudi
Obi
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