Is Senegal the new El Dorado for African developers?

In depth
This article is part of the dossier: Top 50 tech champions

By Kévin Poireault

Posted on Friday, 29 April 2022 18:23, updated on Tuesday, 8 November 2022 15:26

The number of developers is growing faster in Senegal than anywhere else on the continent. But due to a lack of opportunities at home, some of them are forced to look overseas.

This is part 6 of an 11-part series.

According to the JobsNowAfrica Campaign, the continent needs to create 15 million decent jobs a year by 2025 in order to address urgent unemployment issues made worse by the Covid-19 pandemic. The African NGOs, think tanks and industry experts that this working group brings together have called on governments to focus on the development of the digital economy.

Also in this in Depth:

Africa’s Top 50 digital champions 2022

For the second year in a row, The Africa Report and Jeune Afrique are publishing an exclusive ranking of the 50 people that are leading the continent's digital revolution. In order to give more visibility to these tech champions, we decided to shake things up by dividing our ranking into three parts. 

Africa’s Top 50 digital champions: 30 leaders at start-ups, telcos and tech giants

They run Chipper Cash, Opay, Wave, TradeDepot, Andela, MTN, Vodacom, Orange, Google, Amazon, Terraco and Huawei. The African tech industry’s 30 most important bosses feature in our exclusive ranking.

The 10 investors at the forefront of the digital transition

Their names are often only known to specialists. We have selected 10 investment fund and seed fund managers specialised in financing start-ups.

Regulators, lobbyists, influencers: 10 trendsetters at the heart of the digital transition

Whether they are heads of regulatory authorities, lobbyists, incubator founders or influencers, they are working to accelerate digitalization on the continent.

Chipper Cash: American network, African success

Having raised $250m and earned itself unicorn status, the fintech firm, which owes its success in part to its founders' close proximity to Silicon Valley, had a wild 2021.

Mobile money: Coura Sène, at the crest of (the) Wave

A French-trained engineer, the regional director of American start-up Wave in the UEMOA zone embodies Senegal's success on the pan-African tech scene.

Google’s ‘Mr Africa’? Ten things to know about Nitin Gajria

Appointed chief of the multinational in Africa just before the Covid-19 pandemic, 43-year-old Gajria has not been able to travel the continent the way he would have liked. In March, he made one of his first official trips to Lomé to mark, with the Togolese government, the landing of the Equiano submarine cable.

‘We’ve done the heavy lifting,’ says Cassava Technologies’ Hardy Pemhiwa

For Liquid Intelligent Technologies (#167), the pandemic has produced yet another example of Africa leapfrogging. “We saw a five-times increase in data throughput,” says Hardy Pemhiwa, the chief executive of Liquid’s holding company, Cassava Technologies, recalling the huge demands suddenly placed on its vast fibre-optic network on the continent in 2020. Many companies were forced to digitalise to survive.

Cybercrime: African business leaders need to change their outlooks and approaches

The deployment of digital technologies in Africa has grown dramatically over the past two decades. The internet penetration rate, which was less than 1% of the population in the 2000s according to the World Bank, has now reached 43.2% (Internet World Stats, 2021), including 25% of users connected every day.

Start-ups: African champions in the consolidation era

Some twenty start-ups on the continent have reached the Series C financing stage. To maintain their growth rate, mergers and acquisitions are a choice option.