Why Africa Needs To Invest More In Technology Innovation

Written by Staff
Africa
Photo by Erik (HASH) Hersman via Flickr

In today’s day and age, technology is integrated into everyday life. Whether it is asking Siri to take you to the nearest Italian restaurant or switching on your lights before you even enter your house. While Africa has been slower to adopt to technology when compared to other parts of the world, the nation has made a lot of headway in the last several years. Technology is a prime opportunity for investors looking to get into Africa.

Africa’s technology scene is booming, with over 400 tech hubs that range from software engineering to mobile money to blockchain technology. In Africa today more than 225 million mobile phones exist, drones are being   used to deliver small packages, and renewable sources of energy are starting to be offered to African families as a convenient and affordable solution for creating energy. 

From Africa.com.

Tech giants such as Google, IBM and Microsoft have already seen the potential and are investing in Africa. Also, Chinese mobile phone company Huawei Technologies and German software development group SAP have made their presence known. 

In today’s modern society, technology serves various roles that has helped our standard of living increase. Technology refers to bringing together tools that help simplify creation, use and exchange of information. It has aided every industry, helping them move at ease. It is hard to imagine certain industries thriving without the use of technology.

For instance, the importance of innovative technology in the medical field is undeniable. It is responsible for saving countless lives and improving health conditions. Everyday there are new medical advancements that enable healthcare professionals to provide greater patient care. Besides the medical tools and procedures being updated because of technology, there is a significance in software that brings great value to the healthcare industry. The development of specific software helps medical practitioners research, track and use data to provide better industry standards overall.

Read more at Africa.com.