In the midst of the pandemic, Facebook (and partners) announced 2Africa a new subsea cable. About the same time last year, Google also announced a subsea cable called Equaino. Both cables have been presented as (better) connecting Africa to the world – that is factually inaccurate. The diagrams below by
Technology
e-Conomy Africa 2020 – Africa’s $180 Billion Internet Economy Future
Africa’s Internet economy is transforming development on the continent by fostering economic opportunities, creating jobs, and providing innovative solutions to complex challenges, like access to healthcare, education, and finance. The e-Conomy Africa 2020 report, a unique collaboration between IFC and Google, sheds light on the great potential of Africa’s Internet
Is Big Tech Setting Africa Back?
Technology transcends national borders, so it shouldn’t be surprising that, in 2020, private technology and telecommunication companies control more data on the average person than governments do. And it’s not just data ownership: Policymakers similarly fall behind in understanding the power of data. That’s a problem, particularly as social media
Africa’s Mobile Phone And Population Growth In The 21st Century
On the 1st of October 2020, the Global System Mobile Association (GSMA) released their “Mobile Economy Sub-Saharan Africa” report which forecasted the mobile economy in Africa into 2025. A positive outlook to start the month of October and the last quarter of 2020. The highlight of this forecast is that by
Walmart Canada’s blockchain freight supply chain proving its value
While it’s notable that some enterprises are beginning to deploy blockchain solutions this year, it’s important to point out that very few have done so. A report from Everest Group Research published in June shows that while 79% of projects have completed their pilot phases, only 7% have been deployed
CredoLab raises USD 7 million to expand its market reach in Africa and other new markets
CredoLab, a leading developer of bank-grade digital credit scorecards based on smartphone metadata which launched in South Africa, Nigeria and Kenya last year, has secured USD 7 million in its Series-A round funding led by GBG, the global specialist in identity data intelligence. In addition to GBG, the round saw
Rwanda Harnesses Technology to Fight COVID-19, Drive Recovery
In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses. What has been the impact of COVID-19 on the
