As you are reading this article, the spring of 2016 saw the Angolan government engaging the International Monetary Fund in talks for an extension of a loan program that will span three years. This loan will be financed through IMF’s Extended Fund Facility Program, and will possibly cumulate to an annual of $1.5 billion, bringing this to $4.5 billion for the requested three years.

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It becomes hard for an investor to find little traction while funding start-ups. The investors just cannot rely on technology fairs. Focus needs to be shifted to partnership opportunities and collaboration areas where they lack development.
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Africa has a budding source of coders, technologists and entrepreneurs who are trying to resolve the pressing problems of the African continent. Crowdsourcing, entertainment media and payment solutions are being offered in the tech hubs of Nigeria, Kenya, Angola and several other countries in the continent. This has given rise to the term Silicon Savannah which has the potential to change the face of global technology.

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