Africa: Technological Innovation Crucial for Africa's Economic Growth

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Technological Innovation Crucial for Africa's Economic Growth TheExchangeEA: Africa

The current digital revolution is transforming economies and spurring innovation in many areas of the economy.As a multiplier of heightened economic growth, a rising digital ecosystem is especially important.Africa's technology story started in 1921 when South Africa received its first tabulating technology from the Computing-Tabulating-Recording Company, later known as IBM.

The current digital revolution is transforming economies and spurring innovation in many areas of the economy. Africa and its leaders confront a dual challenge: meeting SDG objectives while adjusting to climate change. Innovative approaches and inclusive financing methods will be required to digitally transform all aspects of the continent's economy, from education to healthcare and agriculture to telecommunications.

Africa's mobile service subscriber statistics are now soaring. Sub-Saharan Africa is anticipated to have 615 million mobile service subscribers by 2025. This subscription represents tremendous potential and demonstrates Africa's innovative capabilities. Technological innovation access must link to socioeconomic well-being. Healthcare, education, and commerce innovations must target the pain points of society's most vulnerable members.

Technology should also be used to help people master information. In many African nations, there is little to no information accessible on real-time search patterns. The lack of data on search engines for such information does not imply that it does not exist; rather, the algorithm that extracts this information should include African nations.African countries should prioritise research and development funding, emphasising developing and commercialising scientific knowledge.

 

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TheExchangeEA But policies will go a greater mile in ensuring that technology drives the development. In Kenya, politicians ganged up to set up draconian ICT Practitioner Laws that were supposed to limit what young people in tech can do. Thank goodness Kenyatta shot down the bill.

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