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3 Technologies That Can Boost Economy In Africa

2 Mins read

Africa is the hub of opportunities waiting to be grabbed. It is a continent full of gold mines that need to be explored. But despite its potential, Africa has lagged behind in becoming a strong economy. It is wrapped up in politics, financial crises, power crises, security issues, and more.

All is not lost yet. There is one aspect that can save the continent from continuous disintegration. It is incorporating technology into the economy to boost the nation. Technology can change the entire infrastructure of a country. Contemporary technologies are fast invading the world.

Africa needs to get with modern-day technologies to improve its economy and people’s lives. The continent has one of the highest potentials for digital success, given that it has one of the largest youth populations in the world. Here are three technologies that can help Africa boost the lifestyle of its people in the current age. Keep reading.

Digital Education Can Provide Wide Access To Skills

Online education has heaps of benefits as compared to physical classes. In developing worlds, where people do not have access to the best resources, online education can prove to be even more critical.

People in many African countries live in poverty, especially in the sub-Saharan area. They don’t have the basic life resources, let alone access to good education. This leaves them out of the dwindling job market in their countries. Whatever chance they had of improving their lives was crushed.

Lack of education for youth contributes to the continuous cycle of poverty and deprivation for the masses. It is essential to bring quality education and skill-based training to the youth of the continent.

Online education is already big in most developed parts of the world. Even after the pandemic eased, people still chose to take online classes due to their convenience and low costs. Digital learning management systems in Africa will make it easier for the larger youth and other sectors to obtain quality education and get to work or start their businesses. The end result is a better economy for Africa.

Mobile Technology Connects People

Mobile technology is growing rapidly in the world. It is easy, portable, and useful. You can also buy it for cheaper prices than PCs or other competitive technologies. In sub-Saharan Africa, about 615 million users are expected to subscribe to mobile technology by 2025.

This opens up a huge market for Africa and presents a big opportunity to boost the economy. Mobile applications have been becoming more diverse. For example, M-Pesa in Africa is a mobile app that connects people to financial institutions and lets them carry out financial transactions by connecting their credit and debit cards.

Other sectors where mobile technology is being used widely include healthcare, agriculture, and education as well.

Proper Digital Infrastructure Can Boost Online Involvement

While people in Africa are becoming digitally aware, one issue that plagues their progress is the lack of digital infrastructure. As there is no proper infrastructure to help people move online, access to the online world and information has been difficult for people.

When the world shifted online due to the pandemic, small and medium businesses in Africa couldn’t do so quickly as there was no proper infrastructure. This led to the loss of revenue, and the economy slid down.

To ensure businesses and individuals can take advantage of the digital world, the authorities need to ensure that there is a working infrastructure available.

Key Takeaways

Technology is not a luxury, and there is no survival today without its use. If Africa is to become a respectable economy with huge growth, incorporating new technologies is a must. The youth of the country is ready to take over; all they need is an opportunity to step into the digital world and create their own projects.

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The Future Of The African Digital Revolution