- Botswana has become a thriving ecosystem for many telecom-based organizations with Africa’s highest mobile penetration rate.
- The vision and goals of the Gaborone Metro Ring align with Botswana Vision 2036.
- In March, Liquid Intelligence Technologies revealed the completion of a comprehensive business transformation.
Africa’s telecommunication industry is one of the fastest-growing markets within the economy. With high-standing figureheads such as Safaricom, MTN, and Airtel constantly bringing in innovation, these firms are rapidly progressing the continent’s digital transformation. Liquid Intelligence Technologies, a vital figurehead in the industry, has introduced the Gaborone Metro Ring in Botswana to interconnect local businesses. According to the reports, this new initiative will potentially set Bostwana, a cut above other African governments.
Liquid Intelligence Technologies in Botswana
Africa’s telecommunication industry is by far one of the most competitive markets within the continent. It contains various key figureheads each pioneering to lead Africa’s digital age. During the pandemic, this industry was among the few markets that exponentially grew, promoting new collaborations between businesses and technology. Liquid Intelligence Technologies is among the top pioneers striving to lead by example.
Having one of Africa’s highest mobile penetration rates, Botswana has become a thriving ecosystem for many telecom-based organizations. Its robust performance during the Covid pandemic is credited to the widespread implementation of efficient and fast data series and internet access.
Liquid Intelligence Technologies saw this opportunity and launched the Metro Ring in Gaborone, Botswana. According to the group, Africa’s telecommunication industry is undergoing a complete overhaul to introduce new products. Among the numerous innovation is Metro Ring, known for its high capacity, speed, and security has become a standard project for most organizations.
The Gaborone Metro Ring will empower local businesses by introducing new forms of marketing and more platforms to use and introduce better payment systems.
Liquid Intelligence Technologies will introduce the Gaborone Metro Ring in two stages. The Primary phase will benefit the numerous local businesses lining up to connect, while the second phase will expand the connection.
Botswana will become one of the first African countries to establish a country-level telecommunication system. In addition, the Gaborone Metro Ring would foster growth in other industries benefiting from its functionalities.
Odirile Tamajobe, Managing Director of Liquid Intelligence Technologies said, “The launch of the first phase will reduce tariffs for local and international data products, making it more accessible to small and medium businesses that have previously been disadvantaged compared to the larger enterprises.”
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Growing Africa’s telecommunication sector
Through the efforts of Africa’s telecommunication industries, other sectors like e-commerce, the Fintech Industry, and other markets have significantly benefited. With Afrca’s recent digital trend, the industry has pursued more ways to interconnect businesses and clients. The Gaborone Metro Ring is a prime example of the industry striving to establish a continental network system.
According to both agendas, in the next thirteen years, the government aims to increase its economic growth exponentially through new technology. Furthermore, the Ring will significantly propel Bistwana’s digital transformations. It broadens the opportunity for most local businesses and introduces an environment that advocates for innovations.
Currently, Botswana has set several plans to become Africa’s economic Hub. With the Metro Ring expanding the market’s scope, it expands the potential for success among local users.
Furthermore, according to Liquid, the Gaborone Metro Ring demonstrates the successful collaboration between the public and private sectors.
Through its array of functionalities, it bridges the gap between both sectors, urging more partnership. In addition, it underscores Liquid Intelligence Technologies’ expertise in digital infrastructure and its commitment to sectoral growth. They added that the launch will be a testament to the dedication of the sector to foster new technologies to improve economic growth.
Also Read: Artificial Intelligence boost to Africa’s infrastructural development
A New Wave of Change
With the growth of Africa’s telecommunication sector, more users have opted to move to digital currency as an activity. The wave has significantly improved traditional financial stems, and now many users have opted for digital currency.
With this new wave of innovations, Africa continues to solidify its place within the fourth industrial revolution.
In March, Liquid Intelligence Technologies revealed the completion of a comprehensive business transformation. This new change shifted the company’s focus from Africa’s telecommunication sector to becoming a comprehensive on-stop-shop technology group.
As the market has expanded so did its range of applications. Today the industry is the backbone for most technology-based innovations within Africa. Through this transformation, Liquid Intelligence Technologies broadens its market while contributing to Africa’s digital transformation.
During the same month, Liquid acquired the Cysiv MEA, previously known as SecureMisr, a company based in Egypt. With this purchase, they expanded their operations and now have a strong foothold in MENA regions.
