• Africa’s fashion and textile industry is the second-largest sector after agriculture with an estimated market value of US$31 billion
• The use of tech in fashion has been brought to a much broader scale including the use of apps and the creation of smart textiles
• As the majority of Africans were forced to stay home, there emerged countless online clothing stores, most of which were using social media (Facebook, Instagram and Twitter) as marketing tools

Like many other sectors across the continent, the fashion industry is also taking to embracing technology to improve operations.

Africa’s fashion and textile industry is the second-largest sector after agriculture with an estimated market value of US$31 billion in 2020 and growing annually.

While combining tech with fashion may seem farfetched, technology has always been an essential factor in the production of clothes and the different styles in fashion since the beginning of time.

It is …

• The South African learning institution report has said it will issue blockchain-based certificates to its graduates in 2022
• The report further explains that each qualification document given by the University of Johannesburg will have a QR code to verify its authenticity
• The blockchain-based system is unique because it allows third parties, such as prospective employers, to verify a graduate’s certificate

Africa faces a crisis of insufficiently qualified university graduates, predominantly because of three significant factors. There is a lack of enough universities to administer high school graduates in the continent, a higher preference for overseas education and fake certificates that trash the ability to discern genuine qualifications in the market.

Blockchain technology in University degrees

However, the University of Johannesburg, A university-based in South Africa, has induced blockchain technology in its system to help counter the last setback.

The University has said it will issue blockchain-based certificates to students graduating …

The governor of Lagos State, Babajide Sanwo-Olu, was the special guest of honour at the digital launch and reception to mark the landing of Equiano sea cable systems in Nigeria.

Nigeria marks Equiano’s second stop in Africa after Togo, with future landings expected in Swakopmund, Namibia, and Melkbosstrand, South Africa.

While speaking at the digital launch, Juliet Ehimuan, Google’s business strategy director in West Africa, said that the cable leverage state of the art technology to provide approximately twenty times more network capacity than the last cable built to serve the region.…

• A blockchain is a distributed ledger that is open to a group of selected participants to store, share and alter decentralized data
• If a new block is added to a blockchain, all the users in all the blocks must confirm the information added for the block to be valid
• Blockchain technology could be of immense importance in Africa to maintain medical records, protect land ownership and secure government records

The primary technology behind cryptocurrencies is blockchain technology, allowing traders and clients to reach a consensus without necessarily trusting each other.

But over time, owing to its excellent security status, the technology has gained substantial mainstream attention and is steadily seeping into education, health and governance, among other sectors.

A blockchain is a distributed ledger that is open to a group of selected participants to store, share and alter decentralized data. In simple terms, a blockchain is a chain of blocks …

• In 2021, the NFT market generated more than US$25 billion in trading volume, and 2022 appears to generate more figures than the previous year
• NFTs are digital assets in the form of a digital file, an image, video or audio that a seller uploads to a cryptocurrency exchange platform for people to buy through cryptos
• The KuCoin cryptocurrency trading platform announced on April 19 that it will launch a US$100 million Creators Fund to support early-stage NFT projects

Recently, Changpeng Zhao, the founder of the largest exchange platform, binance, argued that the NFT business is “bonkers”, expressing his disbelief about how successful the NFT market has become.

Changpeng quotes how almost a year ago, an NFT file sold at US$69 million, something the buyers will never even be able to touch physically!

“People may have lost their mind,” Mr Zhao told fortune.

Despite referring to the growing NFT obsession as …

Within the service industry, 4IR creates a potential for new goods and processes enabled by technology. As demand develops in lockstep with income, possibilities exist as African countries resume economic growth. Because technology complements rather than replaces labour in many service industries where formal companies and employment dominate, the adoption of technology should develop new formal wage positions for young and educated job seekers.

Adoption of 4IR technology may also result in improvements in job quality (e.g., earnings, income security) in the large non-farm informal sector (63 per cent of total employment)—for example, by the use of online stores and channels to find customers and satisfy their needs safely and efficiently.…