Top 20 African Tech Companies - 2021

To the unaware, Africa is still known as the Dark Continent. However, numerous trends show how much progress has been made on the African continent. More importantly, there has been a lot of technological advancement that most of the world is unaware of. Consequently, countries in Africa are seeing economic progress and regional integration that could support the spread of transformational technologies such as artificial intelligence or the internet of things. Yet a profound lack in digital skills, coherent leadership, and basic infrastructure could make the continent miss out on a significant industrial revolution – this time with dire consequences, experts warn.

Further, the fourth industrial revolution is characterized by a fusion of the digital, biological, and physical worlds, where artificial intelligence, cloud computing, robotics, 3D printing, the "internet of things," and advanced wireless technologies see increased development. On current trends, it is very likely that nearly half of Africa's $100bn annual economic growth will be driven by this still-unknown group of "start-ups" in the next ten to twenty years. Perhaps then, governments in Africa will begin to take notice. Whether or not that happens, the tech ecosystem will in its own way begin powering Africa's growth, similar in impact to how America's tech ecosystem has driven so much of America's expansion in recent years. The effect will be nothing short of transformational.

Many cutting-edge African tech start-ups and companies are entering the domain with advanced and integrated offerings. To help business leaders strengthen their operational capabilities and simultaneously enable growth in the industry, CIOReview has compiled a list of most promising African Tech Companies. The list comprises prominent organizations in the industry that address issues pertinent to various technological landscapes by implementing current trends. Besides, the magazine also includes insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for aspiring CIOs.

We present to you CIOReview's "20 Most Promising African Tech Companies – 2021."

    Top African Tech Companies

  • 1

    AOS is a Rwandan-based ICT service provider and operator of the National Data Center of Rwanda, offering various hosting services, such as cloud computing, web and email hosting, server colocation, backup as a service, and disaster recovery facility to both the public and private sectors. AOS is thus committed to providing the best data center facility in the region. Besides, as AOS hosts the data locally, it offers the company’s clients a smooth uptime and faster loading time for even local browsers. This, in turn, allows these data to be easily searched and found on search engines like Google. Not just that! The local data hosting feature gives businesses peace of mind in terms of data privacy and management

  • 2

    Ecentric Payment Systems offers a comprehensive suite of multi-channel payment processing services and payment card industry (PCI) consulting throughout South Africa. Notably, it has developed OmniHub—a multi-payment gateway platform that gives retailers access to multiple digital payment service providers as well as alternative payment processing options in a single integrated platform. Equipped with the capabilities OmniHub, retailers need not go to individual payment service providers. Rather, they can leverage the platform for a single once-off integration with all the participating payment service providers, thus offering an omnichannel payment experience to end-consumers

  • 3

    Riskflow is a fintech company based in Johannesburg, South Africa, that develops applications to address complex challenges in the financial and agricultural industry. The company comprises industry experts and developers who have extensive knowledge and experience in financial services and software development. The company’s flagship product, SmartFarmer, empowers farmers to engage with multiple logistics organizations and connect directly with marketplaces. Founded in 1988 as an Asset and Liability Management consulting business, Riskflow has evolved into an innovative fintech company that offers solutions to the financial industry across banks, insurance brokers, and asset management firms.

  • 4

    Founded in 1995, SilverBridge has more than two decades of experience as an insurance software solutions provider delivering value in the insurance industry. Its footprint extends to 14 countries with an offering that encompasses a digital suite of products designed to help its clients modernise their core insurance system. But more than that, it lets them embrace opportunities presented by emerging technologies. SilverBridge's experience and expertise result in its customers positioning their businesses for a digital world. Recently, SilverBridge expanded its value proposition to include intelligent automation, ensuring that we deliver even more innovation for clients' businesses while increasing its relevance to the broader financial services industry

  • 5

    A fast emerging Nigerian startup specializing in IT network and services management, Zoracom has developed a comprehensive suite of business visibility solutions to unify businesses’ technology products and solutions. Notably, Zoracom’s Miro covers every critical aspect of a business, from IT network monitoring, support ticketing, and services through to cybersecurity management. Miro delivers key network configuration and change management functions, including real-time configuration, backup and restore policy and vulnerability management, and end-of-life/end-of-service updates

  • 6

    4Sight Holdings

    4Sight Holdings

    4Sight Holdings Limited is a multi-national diversified investment holding company listed on the JSE-ALTX Stock Exchange. The firm leverages its subsidiaries’ extensive product and services portfolio of Industry 4.0 technology solutions, to create impact that empowers customers to make better and more informed decisions in the modern digital economy. Its business model is to enable subsidiaries to take advantage of various products and solutions within the group of companies, in order to deliver digital transformation solutions to their customers

  • 7

    Frolgate Technology Group

    Frolgate Technology Group

    Founded in 2003, Frolgate Technology Group is a value added technology re-seller of leading solutions in Networking & security Services, Unified Communication and Collaboration, Core Computing and Office Automation. Frolgate Technology Group has long standing relationships with leading global vendors such as CISCO, NetApp,VMware, HP, Dell, Oracle, Microsoft, HPE, Veeam, Sophos, GENESYS, CheckPoint, Fortinet and IBM. Our team provides exceptional technical support and training

  • 8

    Hikvision

    Hikvision

    Hikvision is a world leading IoT solution provider with video as its core competency. Featuring an extensive and highly skilled R&D workforce, Hikvision manufactures a full suite of comprehensive products and solutions for a broad range of vertical markets

  • 9

    HITS Solutions

    HITS Solutions

    HITS (Human IT Solutions) is an ISV specialized in developing Human Resources and People Management Systems. HITS is one of the largest and prominent Human Resources and People Management Software Houses in different areas. HITS has a wealthy history of innovation and growth that has appointed us to be a true industry leader. Over the course of 17 years, HITS has evolved from a small regional enterprise into a world-class multinational company. HITS is categorized as the most convenient and customizable HR/Payroll system for achieving required automation in various HR/Payroll activities, as per your business needs. As more than 300 customers of the top companies in the world have confidently selected HITS HRMS to manage their unique Human Resources activities

  • 10

    IThorizons

    IThorizons

    IT Horizons is Africa’s partner of choice in all things relating to Information Communication Technology, (ICT). With a staff strength rich in knowledge, skill and expertise, IT Horizons have got what it takes to attend to all its clients' technology needs. The company's ultimate goal as a brand is to drive a world-class transformation through your business using technology. Its focal point is technology-enabled solutions and professional services for today’s businesses and innovation that shapes tomorrow’s business world

  • 11

    Mantra Technologies Limited

    Mantra Technologies Limited

    Mantra Technology is a leading renowned IT and Technology Solution Provider head quartered in Kampala, Uganda, catering enterprise, mid-size, and broad market customers across industrial verticals and delivering Technology Solutions to Transform Enterprise Landscape

  • 12

    Movetech Group

    Movetech Group

    Movetech Group is a Software development company in Kenya, providing more than innovative software. Movetech Group will produce custom portals and software that will maintain the professional image that you’ve worked hard to build

  • 13

    NybSys

    NybSys

    NybSys specialises in combining cutting-edge technology with proven business expertise to provide its clients with turn-key service solutions – innovative combinations of software, hardware, training and people that deliver tremendous impact on a client’s business

  • 14

    Parkway Projects

    Parkway Projects

    The Parkway Projects concept was born out of a genuine passion for adding value to the infant IT software industry in Nigeria. The company commenced operations in April of 2004 led by a team of young and ambidextrous entrepreneurs and IT professionals with a wealth of experience accumulated over ten years of R&D, e-business consulting and top-down enterprise solution implementations. Since then, the company has witnessed astronomical growth and built a reputation for delivering world class software solutions and services. Through huge investments in skills acquisition and cutting edge technology research, Parkway has developed tested and trusted technology platforms that today power some of the most mission critical solutions in Nigeria

  • 15

    Payment24

    Payment24

    The Payment24 Fleet Fuel Management platform is a complete, low cost solution designed to eliminate the hassle of managing, monitoring and controlling fleet fuelling transactions using real time, mobile and cloud technologies

  • 16

    StreamTech

    StreamTech

    StreamTech is a professional entertainment and education company specializing in production and distribution of high-quality mobile consumer products across various digital platforms

  • 17

    Thumbzup

    Thumbzup

    Thumbzup is an established payment company with a track record of providing Payment on the Move to businesses of various sizes from Tier 1 retailers and hospitality businesses through to SMEs. Thumbzup help merchants improve the payments experience, streamline business processes, and save costs by providing affordable, secure and innovative payment technology solutions. Thumbzup are the creators of the Payment Blade and Payment Pebble®, sold as PayBlade™ and FastPay® in Australia. Thumbzup also bring the Sunmi mPOS solution to the market, providing for a variety of payment and business benefits. Thumbzup has partnered with leading Payment Processors, Acquirers and POS Vendors across the world, and are continuously looking for new partnerships for mutual growth and expansion

  • 18

    Traderoot

    Traderoot

    Traderoot is a strategic financial software development company that provides advanced global, PCI PA DSS certified and validated payments solutions which leverage the latest technology to provide direct business benefits. Traderoot's solutions cross the entire value chain of financial systems ranging from e-Commerce, payments to core banking and issuing. The company's solutions are used in vertical markets such as payment processors, financial institutions, microfinance, fintechs, national and regional payment systems, mobile network operators, retail, health, travel and entertainment, energy, lenders, and more

  • 19

    Vaxowave

    Vaxowave

    Vaxowave empowers technology teams with solutions that enable effective adoption and management of mission critical cloud applications and services to help them reduce operating costs, accelerate delivery and the ability to scale

  • 20

    VELVOT GROUP

    VELVOT GROUP

    VELVOT Group Limited has transformed how organizations work, collaborate, engage, analyze and report to meet key business objectives and thrive in an ever-changing market. As a privately-held African leader in business and technology consultation and cloud solutions, VELVOT Group Limited is a platform-neutral partner of industry-leading cloud providers, including Microsoft, Google, and Amazon. Together, the company delivers expert cloud consultation, strategic IT services, cloud migration and deployment, custom application development, managed services, as well as user-adoption and training services to its clients