Browsing: 4IR-driven economies

• Africa must invest in human development to catch up to the Fourth Industrial Revolution (4IR).
• There is a need for policy commitment to developing Africa’s human resources.
• Investing in education is the only way Africa will catch up to the 4IR.

With the majority of its workforce unskilled, Africa is again left behind. At the same time, the rest of the World moves forth in the fourth Industrial Revolution (4IR).“African countries must support skills training and put in place the right policies to tap the benefits of the fourth Industrial Revolution,” advises Raymond Gilpin.

The economist believes that by investing in its most significant resource, Africa can strategically catch up with the Fourth Industrial Revolution (4IR).It requires dedicated policymaking focused on raising a generation of skilled labour capable of participating in and innovating digital revolutions in all sectors. By investing in transforming its human skills, Africa can …

• The cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the Middle East region.
• At the moment, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.
• Tencent Cloud is offering a cloud-based platform for developing and distributing lightweight applications—mini-apps framework—within a digital ecosystem.

With the ambitious development of smart cities and other tech-based industries across the Middle East, the cloud business unit of China’s tech giant Tencent is seeing a huge opportunity for growth in the region.

Whether it is fintech applications based on the blockchain, vertical farms that use less water to grow food, or the manufacture of high-end electric and self-driving vehicles, Gulf states are committing capital and policy support behind the vision of 4IR-driven economies.

UAE has launched a digital economy

The UAE itself is at the forefront of the adoption of technology. With a …