Tag: 4th industrial Revolution
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Seychelles, South Africa startups take lion share of blockchain funding
African tech startup funding received $3 billion in 2022, highlighting the growing significance of the industry among potential financiers. Africa’s share of global blockchain funding, however, remains modest, increasing from 0.3 percent to 1.8 percent between 2021 and 2022. Seychelles’ gained $208 million for six deals while and South Africa earned $176.6 million from the…
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Botswana’s big leap into new ‘digital diamond’ economy
Even though the country knows that diamonds are a finite resource, it still holds the world’s richest mine and is the biggest producer of gem diamonds. The country has become something of a role model for good development, powered by diamond mining. 20 percent of Botswana’s gross domestic product comes from this one commodity. It…
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Africa should tap frontier technologies for economic growth
Countries in sub-Saharan Africa are unprepared to equitably use, adopt and adapt to the ongoing technological revolution.…
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Beyond control: Why African governments fear blockchain technology
Blockchain technology has for long been associated with cryptocurrencies but there is so much more that it has to offer. …
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Investing in Africa? Continent’s unlimited digital opportunities
The emerging digital ecosystem is a crucial multiplier of this growth, evident during the coronavirus pandemic…
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Connecting Africa through ambitious transport infrastructure projects
These developments will greatly enhance the implementation of the Africa Continental Free Trade Agreement (AfCFTA) …
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The revival of industries with tech boost in Africa
If there is a gift that the world has given to Africa, it is the internet and with this, the unlimited ways in which to make life easier. The internet and by extension the technology that comes with it, has helped in moving the continent towards creating solutions for day to day living instead of…
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4th industrial Revolution watershed moment for development in Africa
Since the turn of the century, Africa’s GDP has grown by 4.6 per cent annually, on average. Domestic demand has been Africa’s key driver of the growth performance accounting for 69 per cent of annual growth between 2000 and 2018, according to the African Union (AU). The AU notes that this is reflected in the…
