{"id":9125,"date":"2026-06-01T02:00:00","date_gmt":"2026-05-31T23:00:00","guid":{"rendered":"https:\/\/handoli.com\/index.php\/2026\/06\/01\/bridging-africas-innovation-gap-from-potential-to-power\/"},"modified":"2026-06-01T02:00:00","modified_gmt":"2026-05-31T23:00:00","slug":"bridging-africas-innovation-gap-from-potential-to-power","status":"publish","type":"post","link":"https:\/\/handoli.com\/index.php\/2026\/06\/01\/bridging-africas-innovation-gap-from-potential-to-power\/","title":{"rendered":"Bridging Africa\u2019s Innovation Gap: From Potential To Power"},"content":{"rendered":"<p><em>By <a href=\"https:\/\/www.crunchbase.com\/person\/alberto-onetti\">Alberto Onetti<\/a><\/em><\/p>\n<p>The global innovation economy remains largely defined by agglomeration dynamics. Worldwide, 19 ecosystems dominate the innovation landscape, increasingly concentrating innovation demand (corporates) and supply (scaleups) \u2014 attracting further growth capital (investors).<\/p>\n<figure aria-describedby=\"caption-attachment-91095\" class=\"wp-caption alignright\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-91095 size-medium\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/Dip-Eco-scaled-e1748362031850-226x300.jpg\" alt=\"Alberto Onetti, Mind The Bridge\" width=\"226\" height=\"300\"\/><figcaption class=\"wp-caption-text\">Alberto Onetti, Mind The Bridge<\/figcaption><\/figure>\n<p>Meanwhile, other ecosystems struggle to achieve a meaningful presence on the global innovation map and are at serious risk of technological disruption and economic downfall.<\/p>\n<p>Yet something is happening below the surface. Over the past decade, the composition of the Global Innovation Ecosystems Life Cycle Curve changed dramatically, as the number of scaleup ecosystems worldwide has more than doubled.<\/p>\n<p>The trend is not stopping just here: we expect these figures to even triple in the coming years.<\/p>\n<p>In this new scenario, emerging innovation economies hold the potential for disrupting the agglomeration paradigm, toward a new scheme of interconnected networks of specialized local innovation hot spots.<\/p>\n<p>Among them, there is also Africa. While the continent still lacks ecosystems at the most advanced stages of maturity, it now counts four ecosystems at the startup stage and 40 at the standup stage, compared with respectively 25 of those 10 years ago, according to <a href=\"https:\/\/app.mtbecosystem.com\/research\/report\/2026-open-innovation-innovating-the-grid-africa\">a recent analysis of the African innovation landscape<\/a> by my organization, <a href=\"https:\/\/mindthebridge.com\/\">Mind the Bridge<\/a>, in collaboration with <a href=\"https:\/\/www.crunchbase.com\/organization\/terna-s-p-a\">Terna<\/a> and <a href=\"https:\/\/www.crunchbase.com\/\">Crunchbase<\/a>.<\/p>\n<h2><img decoding=\"async\" class=\"alignnone wp-image-93591 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/1-Decade.jpg\" alt=\"\" width=\"2481\" height=\"1715\"\/>Africa: the awakening giant of the coming decade?<\/h2>\n<p>As of today, Africa\u2019s innovation economy includes 883 tech scaleups that have raised a combined $24.7 billion. Despite this progress, the continent still represents only about 1% of global figures.<\/p>\n<p><img decoding=\"async\" class=\"alignnone wp-image-93586 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/2-Scaleup.jpg\" alt=\"\" width=\"2481\" height=\"968\"\/><\/p>\n<p>The African innovation landscape remains highly concentrated around four main hubs: South Africa, Egypt (North-East), Nigeria (West Africa) and Kenya (East Africa). The North-Western corner of the continent still lacks a dominant hub, although Tunisia, Morocco and Algeria remain the leading candidates.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-93587 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/3-Top10Scaleup.jpg\" alt=\"\" width=\"2481\" height=\"1542\"\/><\/p>\n<h2>A testbed for clean technologies?<\/h2>\n<p>Emerging innovation economies that thrive on the global innovation map typically build on top of highly specialized, unique local strengths.<\/p>\n<p>Our recent analysis has identified clear evidence that Africa holds significant potential over the development of clean energy systems and technologies.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-93588 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/4-CleantechGridtech.jpg\" alt=\"\" width=\"2481\" height=\"1542\"\/><\/p>\n<p>The relative prominence of the cleantech sector in Africa is evident from the data:<\/p>\n<ul>\n<li>Africa is home to 95 cleantech scaleups, representing roughly 11% of the total scaleup base.<\/li>\n<li>Collectively, they have attracted approximately one-fifth of all capital deployed to African ventures.<\/li>\n<li>Cleantech has also generated a disproportionate share of high-growth leaders, accounting for around 20% of both scalers (scaleups that raised more than $100 million) and super scalers ($1 billion-plus).<\/li>\n<\/ul>\n<p>Within cleantech, a highly specialized vertical is also emerging, what we might call \u201cgridtech\u201d:<\/p>\n<ul>\n<li>It comprises 16 scaleups (17% of the cleantech total) and two scalers (25% of total).<\/li>\n<li>It has attracted around 30% of total cleantech funding.<\/li>\n<li>Africa\u2019s sole cleantech tech giant, Kenya-based <a href=\"https:\/\/www.crunchbase.com\/organization\/greenlight-planet\">Sun King<\/a>, operates within this gridtech vertical.<\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-93589 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/5-Historical.jpg\" alt=\"\" width=\"2481\" height=\"1542\"\/><\/p>\n<p>That said, the numbers still point to a gap.<\/p>\n<h2>The elephant in the room<\/h2>\n<p>The main challenge is the grid infrastructure deficit, which remains the primary bottleneck to scaling energy system technologies. As shown in the map below, Africa\u2019s grid infrastructure is highly fragmented: High-voltage networks are concentrated in a few densely populated areas, while large parts of the continent remain largely disconnected.<\/p>\n<p>As a result, grid infrastructure development and electrification are key to unlocking Africa\u2019s growth \u2014 consider that Africa still accounts for only about 5% of global energy supply \u2014 and its innovation potential.<\/p>\n<p>At the same time, the continent holds world-class renewable resources, including approximately 13% of global technical hydropower potential and around 60% of the world\u2019s best solar resources.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-93590 size-full\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/6-TransmissionInfrastructure.jpg\" alt=\"\" width=\"2481\" height=\"1671\"\/><\/p>\n<p>Africa\u2019s energy system is expanding, but fully unlocking its economic and innovation potential will depend on accelerating electrification and strengthening grid infrastructure.<\/p>\n<p>Blended finance will be critical to enable this growth. Both private and public capital are required: private capital drives innovation, while public finance enables foundational infrastructure such as grid expansion.<\/p>\n<p>In particular, private capital needs to be complemented by structured public finance initiatives to address the inherent limitations of a relatively small domestic VC market, which remains heavily focused on early-stage investments.<\/p>\n<p>Public capital will be essential for infrastructure development. In gridtech especially, public investors are expected to account for up to about 80% of total investments by 2030, reflecting the capital intensity and risk profile of grid infrastructure.<\/p>\n<p>International capital still dominates the market, with approximately 69% of active investors originating outside Africa, underscoring continued reliance on foreign capital despite growing local participation.<\/p>\n<p><em><strong>Get the full story in our report:<\/strong> <a href=\"https:\/\/app.mtbecosystem.com\/research\/report\/2026-open-innovation-innovating-the-grid-africa\">Innovating the Grid: Mapping Opportunities and Challenges Ahead \u2013 2026 Report Africa<\/a><\/em><\/p>\n<hr \/>\n<p><em><a href=\"https:\/\/www.crunchbase.com\/person\/alberto-onetti\">Alberto Onetti<\/a> is chairman of <a href=\"https:\/\/mindthebridge.com\/\">Mind the Bridge<\/a> and a professor at <a href=\"https:\/\/www.crunchbase.com\/organization\/university-of-insubria\">University of Insubria<\/a>. He is a serial entrepreneur who has started three startups in his career, the last of which is <a href=\"https:\/\/www.crunchbase.com\/organization\/funambol\">Funambol<\/a>, among the five Italian scaleups that have raised the largest amount of capital. He is recognized among the leading international experts in open innovation and has wide experience in setting up and managing open innovation projects \u2014 venture clients, venture builders, intrapreneurship, CVCs \u2014 with large multinational companies, as well as advising and training on this subject. Onetti has a column on <a href=\"https:\/\/www.crunchbase.com\/organization\/veriship\">Sifted<\/a> (<a href=\"https:\/\/www.crunchbase.com\/organization\/financial-times\">Financial Times<\/a>) and several other tech blogs.<\/em><\/p>\n<p><em>Photo by <span><a href=\"https:\/\/unsplash.com\/@roadahead_2223?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" target=\"_blank\" rel=\"noopener noreferrer\">Road Ahead<\/a><\/span> on <span><a href=\"https:\/\/unsplash.com\/photos\/a-close-up-of-a-map-of-africa-pDU95uBp5Uw?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" target=\"_blank\" rel=\"noopener noreferrer\">Unsplash<\/a>.<\/span><\/em><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/road-ahead-Africa-resized-unsplash.jpg\" class=\"ss-hidden-pin-image\" data-pin-url=\"https:\/\/news.crunchbase.com\/regional\/africa-ecosystem-innovation-gap-onetti-mind-the-bridge\/\" data-pin-media=\"https:\/\/news.crunchbase.com\/wp-content\/uploads\/road-ahead-Africa-resized-unsplash.jpg\" data-pin-description=\"Bridging Africa\u2019s Innovation Gap: From Potential To Power\"\/><\/p>","protected":false},"excerpt":{"rendered":"<p>By Alberto Onetti The global innovation economy remains largely defined by agglomeration dynamics. Worldwide, 19 ecosystems dominate the innovation landscape, increasingly concentrating innovation demand (corporates) and supply (scaleups) \u2014 attracting further growth capital (investors). Alberto Onetti, Mind The Bridge Meanwhile, other ecosystems struggle to achieve a meaningful presence on the global innovation map and are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9126,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[1,15],"tags":[],"class_list":["post-9125","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-explore","category-world"],"_links":{"self":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9125","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/comments?post=9125"}],"version-history":[{"count":0,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/posts\/9125\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media\/9126"}],"wp:attachment":[{"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/media?parent=9125"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/categories?post=9125"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/handoli.com\/index.php\/wp-json\/wp\/v2\/tags?post=9125"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}