Technology opportunities in Africa are in plenty

Traditionally, when we think of technology in Kenya, we think about enabling access to resources, services and information financial inclusion, healthcare (e-health) and e-government. Besides enabling access and facilitating consumption, technology can empower our youth to produce content, creating jobs in the process.

By 2050, Africa will contribute more than half of the world’s population growth of 2.2 billion people. Many of them will be of working age, with a crucial number having grown up in an urban setting with access to affordable bandwidth fueling the demand for more Afrocentric content.

According to Internet World Stats, as of June 30, 2019, Africa’s internet penetration stood at 39.8 percent. The switch from satellite to submarine cable over the last twenty years, drastically reduced internet costs, fueling this growth.

Africa has 38 countries that have seashores and 16 that are land locked. Out of these 38 countries that have seashores, 37 countries now have at least one submarine cable landing. The lone exception is Eritrea, Western Sahara is considered disputed territory. Africa’s rapidly urbanizing populations have seen the most benefit.

According to Our World in Data, the urban population of Kenya and Nigeria has more than tripled in the last 50 years, Mali’s has quadrupled. Telecommunications, cable and internet service providers are utilizing the benefits of urbanization including high density of economic activity, utilization of human capital, and shared infrastructure to connect retail customers.

Africa is definitely a continent to watch. It has the resources and man power to lead other continents in the tech race.

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