Africa is slowly becoming the next tech hub as young people continue to build multimillion dollar tech companies attracting foreign investors in the emerging African Tech market.
Here a list of African Tech Millionaires to Watch out for:
Abasiama Idaresit, Nigerian
Digital Marketing
Idaresit, a Nigerian-born digital marketing expert, is the founder and CEO of Wild Fusion, one of Africa’s leading digital marketing agencies. Wild Fusion was founded in 2010 with no external funding and with a bootstrapped budget, transforming the company into a $6 million (annual revenues) digital marketing firm offering Internet marketing and digital strategy solutions to some of the largest international corporations operating in in sub-Saharan Africa.
Justin Clarke & Carey Eaton, South African, Kenyan
One Africa Media
Justin Clarke and Carey Eaton co-founded One Africa Media, Africa’s largest online classifieds group. OAM owns some of Africa’s most prestigious and lucrative online properties, including PrivateProperty.co.za, South Africa’s leading property website; Jobberman.com, West Africa’s leading job website; Cheki.com,West and East Africa’s largest online auto marketplace; and SafariNow, South Africa’s leading travel and accommodation booking website.
Jason Njoku, Nigerian
Nigerian movies
Jason Njoku is the founder of iRokoTV, tagged the world’s largest distributor of Nigerian movies, and dubbed the ‘Netflix of Africa’. iRokoTV operates a service that streams Nigerian and Ghanaian movies online for free, while users who want to gain access to newer content have to pay a monthly subscription fee of $5. The service has been successful so far and iRoko has over 500,000 registered subscribers. iRokoTV has raised over $10 million in venture funding from Tiger Global Management, a New York-based private equity and hedge fund run by billionaire Chase Coleman and $2 million from Swedish investment firm Kinnevik.
Herman Heunis, Namibian
Messaging services
Heunis was the original founder of MXit, Africa’s largest social network and the continent’s first mobile instant messenger. About 20 million people in more than 120 countries across the world now use MXit. The service runs on multiple mobile and computing platforms. In September 2011, World Of Avatar, an investment company founded by South African millionaire Alan Knott Graig Jr., acquired MXit for $50 million.
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