Technology is evolving across the world. We see the trend rapidly expanding to Africa as well. Here are some of the trends to watch out for in African Technology in 2020
- Artificial Intelligence:AI is short form for artificial intelligence. It is intelligence demonstrated by machines, in contrast to the natural intelligence displayed by humans. AI has been blended with machine intelligence and created a new bread of technology that is smarter and more predictable. Africa tech is growing faster and AI is going to play a fundamental role in developing the technologies.
With Northern and Sub-Saharan African unemployment rates still at 29.3% and 10.8% respectively, the continent might not be maximizing its labor force to do the jobs currently being taken over by robots.In Kinshasa, Democratic Republic of the Congo, robots are already a part of everyday life. Eight foot tall, solar-powered ‘robocops’ have been brought in to direct traffic. These robots have eliminated the need for human traffic wardens as they can detect pedestrians and are designed to withstand all weather conditionsIn Tanzania and Uganda, drones with sensors have replaced the need for some farmers because of their ability to detect stress in plants, ten days before humans can.In South Africa, robots in the gold mining industry are a welcome solution to the associated risk involved in these jobs. Robots now replace humans to assess the depth of some of the country’s gold mines. Companies like Fundibots are playing a role towards education and development of Robots in Africa to do the recurring tasks.
- Climatic Change: Climatic change has become a real problem. More governments, companies and investors are paying specific attention to the issue. Africa is no different, more entrepreneurs will need to play a role in the space.
- Evolution of Payments: fintech and Banking: The trend of payments in Africa is finally coming to maturity. The most ideal scenario when it comes to payments is; for any business or any individual to seamlessly collect a payment or pay out to any business or individual across the continent. We envision a scenario when funds can move from Nigeria to Kenya in a couple of seconds. Several companies like DusuPay, Flutterwave, Cellulant and swipe2pay have now started expanding faster to see who will
- The Rise of Super-Apps: Its trending right now for Tech companies to evolve into Super Apps: Super Apps are those Apps that monopolize the users time. Super apps create an ecosystem where the user’s time is monopolized and there is no need for them to use a variety of apps. The Super App model is rapidly growing in emerging markets such as India, South America and Southeast Asia and will undoubtedly expand to Africa. Truth is there is no single player that monopolizes anything in Africa yet. We are seeing quite a number of players trying to make this possible. Imagine being able to book a ride, order food, control a wallet for payments, chat, book tours and do so much more all in a single app. Companies like Wechat have made this possible in China, Grab in South east Asia and we see this becoming a trend in Africa. Apps like Ting.Africa and Safeboda are trying to make this model possible
The above trends are what could possibly affect Africa’s technology space. Is there anything that we missed?
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