Africa Tag

By 2030 one in five people will be African. Africa will account for more than half (54%) of the 2.4 billion global population growth in coming decades. The United Nations predicts that between 2015 and 2050, Africa will add 1.3 billion people, more than doubling its current population of 1.2 billion. Combine the continent’s soaring population with technology, improvements in infrastructure, health and education, and Africa could be the next century’s economic growth powerhouse. Africa has had a sporadic growth in Technology through the development from spears and arrows from trees, to the discovery of machines and software to making life better. Even in this evolution of Africa in Science and Technology, research still shows that Africa portrays a gap in Technology compared to the rest of the technology inclined world, due to the myopia on the part of its Government to recognize the value and need for science and technology in its country’s development. As Africa transitions from the margins to the mainstream of the global economy, technology is playing an increasingly significant role. According to the IMF’s 2014 World Economic Outlook report, of the ten fastest growing economies in the world, six will be from Africa. Past Technological Achievements Despite suffering through the era of horrific system of slavery, countless contributions to the fields of science and technology was made by early Africans. The first evidence of tools used by African ancestors is interred in valleys across Sub-Saharan Africa. There is no doubt that tech and innovation can play a big role in making some countries richer than others. About half the differences in GDP per person between countries are due...

Necessity is the mother of invention, and in Africa it has been the mother of innovation. While the continent is vastly different, the level of innovation has been interesting to watch, largely fuelled by the equalizing nature of technology and mobile telephony. Most discussions of the origins of Africa’s tech movement circle back to Kenya in 2007, when Kenyan telecom Safaricom launched the M-PESA mobile money product. M-PESA allows people to store money on mobile accounts and make simple transfers via SMS messaging — you don't even need a smartphone to use it. MPESA (known popularly as mobile money) is an innovative technology which allows people to send money and conduct other financial transactions using their mobile phones. M-PESA has grown from Kenya and is now being replicated in many countries such as India, Afghanistan,Egypt, Ghana, and even countries in Eastern Europe, among others. Groups that typically have limited access to formal financial services have benefited from the financial products offered through M-Pesa. Africans are more Mobile, and Mobile is the Future The proliferation of mobile phone networks has transformed communications in sub-Saharan Africa. It has also allowed Africans to skip the landline stage of development and jump right to the digital age." Essentially, Africa leaped over the PC era and landed directly in the mobile revolution. Which is why we are better at mobile money that others. The rise of M-PESA is largely due the dominance of mobile on the continent. Because of M-PESA, Kenya is the leading e-commerce capital of the world. This one app moves an entire third of the Kenyan GDP among its 15 million, mostly rural,...