Africa technology on the rise say Tech Demo delegates

May 21, 2013 • Mobile and Telecoms, Top Stories

Africa is unique and home to seven of the ten fastest growing economies globally and, from a mobile point of view, exhibits the second fastest growth outside of Asia. Decision makers across ICT businesses on the continent have gathered on the first day of ITNewsAfrica’s Tech Demo Africa 2013 to endorse the message that Africa’s growth will reach a level to rival that of Europe.


Tech Demo delegates agree on Africa's rapid rise in terms of technology. (Image source: File)

Tech Demo Africa 2013 is an industry platform that offers businesses the opportunity to showcase their products and services, and is targeted at key industry influencers, business leaders, as well as local and international media.

The event will focus on two main areas: Enterprise Technology and Mobile Applications, incorporating discussion of burning IT issues such as Mobility, BYOD, Cloud, Big Data, Security, Enterprise Innovation and Startup funding.

CIOs and other executive level decision makers are afforded an opportunity to view product demos that directly address their challenges.

Officially opening the event, Yaw Owusu, CEO of Cyber CITY in Ghana, referred to the announcement of a deal between The Nigerian National Identity Management Commission (NIMC) and MasterCard at the World Economic Forum on Africa about the roll-out of 13 million MasterCard-branded National Identity Smart Cards with electronic payment capability as a pilot program.

He also mentioned comments made by delegates at the World Economic Forum about Africa’s growth, with reference to Kenya as a high-growth market.

Owusu said there needs to be more focus on widespread application of technology to impact society, particularly from an education and health point of view.

Among the statistics mentioned on the opening day included ICTs directly contributed 7% to Africa’s GDP – well above the global average Africa’s GDP is expected to reach $1.6 trillion by 2020. FDI in Africa rose by 25% to $35.6 billion in 2011, remittances rose to $25 billion by 2011,

In Africa, Ghana and Nigeria 72% contribution to GDP in West Africa.

Chris Tredger, Online Editor

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