Kené Okafur, a Nigerian entrepreneur and founder of the technology startup Eko Atlantic, recently sat down with africankeneokafortechcrunch to discuss his vision for the future of technology in Africa. Eko Atlantic is a massive development project in Lagos, Nigeria that aims to create a modern, sustainable city on reclaimed land. Okafur’s work with Eko Atlantic and his broader vision for technology in Africa offer valuable insights into the challenges and opportunities facing the continent.
During the interview, Okafur emphasized the importance of infrastructure and connectivity as key drivers of technological innovation in Africa. He noted that while many African countries have made significant progress in recent years, there is still a long way to go in terms of developing the necessary infrastructure and networks to support a thriving technology sector.
Okafur believes that one of the biggest obstacles to technological innovation in Africa is the lack of reliable and affordable electricity. He noted that many African countries still rely heavily on fossil fuels for energy, which can be both expensive and environmentally damaging. Okafur believes that renewable energy technologies, such as solar and wind power, offer a promising solution to this problem. By investing in renewable energy infrastructure, African countries can not only reduce their dependence on fossil fuels, but also create new opportunities for technological innovation and entrepreneurship.
Another key challenge facing African entrepreneurs, according to Okafur, is the lack of access to capital. He noted that while there is a growing interest in investing in African startups, many investors are still hesitant to invest in early-stage companies due to concerns about risk and lack of experience. Okafur believes that one way to address this problem is to build stronger connections between African entrepreneurs and the global investment community. By networking and building relationships with investors and mentors around the world, African entrepreneurs can gain access to the resources and support they need to succeed.
Despite these challenges, Okafur remains optimistic about the future of technology in Africa. He noted that there is a growing community of tech entrepreneurs and innovators across the continent who are committed to driving progress and creating positive change. By working together and leveraging their unique strengths and perspectives, these entrepreneurs have the potential to create innovative solutions to some of Africa’s most pressing challenges.
In addition to his work with Eko Atlantic, Okafur is also a member of several prominent organizations and initiatives focused on promoting entrepreneurship and innovation in Africa. He is a member of the Africa Business Council, a pan-African business organization that seeks to promote economic growth and development on the continent. He is also a founding member of the Tony Elumelu Foundation, a philanthropic organization that supports African entrepreneurs and provides funding and mentorship to promising startups.
Okafur’s work with Eko Atlantic and his broader vision for technology in Africa offer valuable insights into the challenges and opportunities facing the continent. By investing in infrastructure, renewable energy, and entrepreneurship, African countries can create new opportunities for growth and development. With the support of organizations like the Africa Business Council and the Tony Elumelu Foundation, African entrepreneurs can gain access to the resources and support they need to succeed. As the technology sector in Africa continues to grow and evolve, Okafur’s vision offers an inspiring example of what is possible when innovation and entrepreneurship are combined with a commitment to positive change.