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Steve Nyumba (L) listens as entrepreneur Philip Nyamwaya presents an electronic payment system on October 25, 2012, during the DEMO Africa technology fair at the Kenyatta International Conference Center in Nairobi, where some fourty start-up firms in the technology and communication business are seeking to raise $60 million (Sh5.04 billion) by showcasing their products or prototypes. Nairobi over the past decade has earned the nickname 'Silicon Sahara' for its entrepreneurial prowess and growing culture of innovation and research. The DEMO Africa conference takes place from October 24 to 26 and provides a platform for start-ups from across Africa to pitch for growth capital and strategic partnerships, with the aim of developing the companies' ability to compete with tech startups across the globe. AFP PHOTO/SIMON MAINA (Photo credit should read SIMON MAINA/AFP/Getty Images)
25 Oct 2012
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