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African Economic Growth Rides on Wireless Rails
From the Atlantic to the Indian Ocean, hand-held phones are letting people become their own ATMs, increasing economic activity by enabling payments for food, travel, school and business. Wireless communication is driving economic growth in sub-Saharan Africa much as the railroad did in the 19th-century U.S., accounting for almost a tenth of global mobile subscribers and a growth rate that's beating the world.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Technology cannot solve all of Africa’s problems, but it can help with many
That tech and innovation can play a big role in making some countries richer than others is not in question. About half the differences in GDP per person between countries are due to differences in productivity.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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How India Is Moving Toward a Digital-First Economy
On November 8, 2016, India’s government did something that no other government had attempted before at the same scale: It decided to remove 86% of the country’s currency notes by value from circulation. Over the months that followed, more than 1 billion people participated in a “reboot” of the country’s financial and monetary system.
An active debate has since ensued as to how the transition unfolded.- Categories
- Finance, Technology
- Region
- South Asia
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Viewpoint: Poor policy slowing Kenya’s ICT sector as neighbors take lead
Today, much of the traction witnessed in the last seven years has slowed to a crawl. Growth in Kenya’s ICT sector has petered out and the country is now struggling to attract fresh technology financing and prove its competitiveness amidst competition from new emerging markets such as Rwanda and Ethiopia. A recent report looking into startup financing in the region found that local e-health startups barely managed to take two per cent of Sh1.9 billion in funding that went to the sector in the last three years.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
- Tags
- public policy
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Report: The African digital revolution is gaining pace
Consumers in Africa expect interactions with brands and businesses to be seamless, convenient and immediate and businesses across the continent are seeing the digital transformation as a way to develop new operational business models that can deliver on these demands.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Africa’s e-health start-ups rise, but not all are mobile-first based
Kenya, Nigeria and South Africa are early hotspots for e-health entrepreneurs, but research shows a rise in start-ups with substantial communities of e-health innovators emerging in Uganda, Ghana, Egypt and Senegal.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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Data-Rich, Low-Cost Technology Helps Shut Down Malaria
DiSARM combines that data with satellite imagery – collected and sorted using Google Earth Engine – of conditions such as rainfall, temperature, vegetation, water proximity and elevation, all of which affect mosquito breeding and parasite growth.
- Categories
- Health Care, Technology
- Tags
- data
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Press release: World’s First Social Entrepreneurship Platform Moms Avenue Challenges Etsy by Gearing Up With Blockchain
As the world is at the doorstep of the blockchain disruption we're still tackling the gender inequality and the lack of women participation in entrepreneurship and the crypto economy.
- Categories
- Technology