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    Saturday, February 25, 2023

    Kenya, Botswana Stand Out as Innovators in Africa -WIPO Report

    The World Intellectual Property Organisation's (WIPO's) Global Innovation Index (GII) 2022 report was released on Monday, ranking countries according to the state of global innovation.

    Mauritius emerged as Africa's most innovative economy, ranking 45th globally with a score of 34.4%, followed by South Africa (61st globally, 29.8% score), Botswana (86th globally, 23.9% score), Kenya (88th globally, 22.7% score), and Morocco (67th globally, 28.8% score). Nigeria ranked 114 globally, with a score of 16.9% and ranked 13th in Africa.

    Kenya: Africa's Digital Trailblazer

    Kenya is one of the continent's biggest mobile phones and digital technology adopters, registering 30,300 companies. WIPO notes that the internet and digital penetration have grown to over 570 million internet users in Africa over the last 20 years, and with the arrival of SpaceX's Starlink and Google's Equiano, the numbers are expected to increase further.

    The Kenyan government has recognised cryptocurrencies as legitimate investments, and fintech companies have been particularly successful in attracting VC funding, making it the fourth most innovative economy in Africa.

    Botswana's Entrance into the List

    Botswana is a new entrant on the list, ranking third in Africa and 86th globally, with a score of 23.9%. The country is ranked in several categories, including institutions, human capital and research, knowledge, and technology outputs, reflecting its commitment to promoting innovation.

    Kenya: Africa's Digital Trailblazer

    Kenya is one of the continent's biggest mobile phones and digital technology adopters, registering 30,300 companies. WIPO notes that the internet and digital penetration have grown to over 570 million internet users in Africa over the last 20 years, and with the arrival of SpaceX's Starlink and Google's Equiano, the numbers are expected to increase further.

    The Kenyan government has recognised cryptocurrencies as legitimate investments, and fintech companies have been particularly successful in attracting VC funding, making it the fourth most innovative economy in Africa.

    Botswana's Entrance into the List

    Botswana is a new entrant on the list, ranking third in Africa and 86th globally, with a score of 23.9%. The country is ranked in several categories, including institutions, human capital and research, knowledge, and technology outputs, reflecting its commitment to promoting innovation.

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