Ambassador Farnaud attends AfricArena and AfricaCom in Cape Town
On November 6 2017, Ambassador of France to South Africa, H.E. Mr. Christophe Farnaud, attended the launch of the first AfricArena conference, the largest tech innovation conference for start-ups, investors and global companies on the African continent.
This conference was organised by the French Tech Hub Cape Town and the Silicon Cape Initiative, with the support of the French Government through “La French Tech”.
Ambassador Farnaud highligthed the French government’s role in creating the right context for business and start-up development. He also underlined the importance of education and skills development: “No country can face globalization on its own”.
Globally, the rate of seed funding in Africa is about 1%. AfricArena is therefore the ideal platform where entrepreneurs and sponsors can meet. More widely, it provides the platform for start-ups to pitch their ideas, where investors can find new projects and where global companies can find solutions.
Along with the French Tech Hubs Cape Town and Abidjan, the French Tech (link) was well represented with attendees from Nairobi, Reunion Island and Mauritius. Ambassador Farnaud had the opportunity to learn about their expectations and experiences during the conference.
On November 7 2017, Ambassador Farnaud visited the AfricaCom exhibition (link), the largest telecommunications show on the African continent that celebrated its 20th birthday.
This year’s French Pavilion, La French Tech, powered by Business France (link), was made up of 12 well-established companies looking to showcase their proven expertise in telecoms, software, connected objects, digital entertainment, cyber-security and geodata .
On this occasion, the Orange Group (link) announced that the Africa Coast to Europe (ACE) submarine cable, linking France to Sao Tome and Principe, will reach Cape Town in 2018.