Innovations challenges in Africa

Innovation faces several challenges on the African continent.  According to the World Bank technologies and innovation are currently shaping progress on the continent, yet an age-old question remains: that of the potential for Africa to leapfrog technological advances worldwide and cement its position   as a hotspot for future technological innovation.  Africa is unique in the sense that most of its population access new digital technologies mostly through mobile phones, and this explain the dynamism of emerging eBanking and mobile banking platforms. Statistics by GSMA reveals that in 2016, 320 million mobiles connections already existed in West Africa alone, and 45 million more are expected to be listed by 2020. In… Read More

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Digital Transformation in Africa

Africa is currently witnessing deeply entrenched digital transformation processes. Digital transformation is affecting and improving the stakes for several industries in the continent, including those central to development issues and concerns, such as, agriculture, energy production, transport and infrastructures. In agriculture, the progressive integration of agricultural technologies into reformed agricultural processes has demonstrated the potency of digital transformation as a factor improving the yield of arable lands. A significant number of entrepreneurs have also focused on providing FinTech solutions for farmers. The sector is thus burgeoning with activity and dynamism, specifically in countries such as Kenya, Nigeria and Ghana; 82 agro-technology start-ups currently operates in 16 African countries. In energy,… Read More

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