Cape Town is the 14th fastest growing tech city in the world, study reveals

Date:26 February 2022 Author: Micayla Vellai Tags:, ,

Cape Town continues to be recognised as a top tech city as former CEO of Wesgro, Tim Harris said in an earlier statement: “It is recognition through esteemed reports of this nature that will continue to position the Mother City globally as a world-class tech destination and a springboard into the rest of the African continent.”

new study by card machine provider, Dojo, now reveals where in the world technology is advancing the fastest. The fintech experts created a global index to find out which cities are improving their technological capabilities and access to technology at the fastest rate.

The study looked at five relevant metrics in each city, which were scored to create an overall ‘Technological growth score’ out of 100. For each city, these included:

The growth in the number of internet users in 2021 vs the previous year

The internet penetration rate as of January 2021

The growth in the number of social media users in 2021 vs the previous year

The number of social media users as a percentage of the total population

The growth or decline in the number of mobile connections in 2021 vs the previous year

The number of mobile connections as a percentage of the total population

Cape Town was ranked the 14th tech savvy city in the world, scoring a total index score of 56.7 out of 100, 168.505% of the city’s population are connected via mobile phones. Just 41.9% of the population are present on social media, one of the lowest percentages in the index.

Berlin in Germany grabbed the top spot on the list, scoring 64.7 out of 100 in the technological growth index. Stockholm in Sweden came in second with a score of 64.3 out of 100 while Bern’s score of 63 in Switzerland secured the third spot.

View the full list here.

Picture: Supplied

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