Cape Town has one of the most established and sophisticated tech ecosystems in Africa, being nearly 20 years old. It is home to over 1200 early-stage investors and Africa's oldest tech incubator. Cape Town has 4 world-class universities within a 50km radius that produce over 12,000 graduates annually in fields like engineering, science, and technology. Over 60% of South Africa's tech startups are based in Cape Town, which has over 20 acceleration programs and 25 coworking spaces to support entrepreneurs and innovation.