The startup culture bug is creeping in South Africa.

The ‘Silicon Cape Initiative‘ is coming alive as a group of entrepreneurs and funders come together in an attempt to accellerate the growth of a startup community much like Silicon Valley in the Western Cape of South Africa. The basic concept behind the Silicon Cape is:

The Silicon Cape vision is of an ecosystem in the Western Cape of South Africa, that serves to attract and bring together local and foreign investors, the brightest technical talent, and the most promising entrepreneurs, to foster the creation and growth of world-class IP start-up companies in an environment that competes with other similar hubs around the world against the backdrop of one of the most beautiful settings and pleasant places to live, work and play on the globe. (Read the details)

This reminds me of an article about in the New York Times a while back on the ‘Silicon Savanna˙.

It’s really great to see proactive movement to foster and sustain startup culture in parts of Africa. Watch these videos from the first Silicon Cape networking event.

(Gosh I didn’t know there were so many tech startups in SA! Awesome)