Demo Africa 2014: African Economy on the rise - Sen. John Kerry

ITRealms: 

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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