Wednesday, September 23

Tag: Safaricom

The New Tech Era: job-killer or job-creator?
Trends

The New Tech Era: job-killer or job-creator?

At a time when Jumia, Africa’s biggest e-commerce company, is preparing to raise several hundred million dollars on the New York Stock Exchange, and the Mauritius-based IHS Towers communications giant is doing the same, it seems beside the point to ask whether “Tech” is good for the continent. Like Kenya-based Safaricom and the pioneering M-Pesa mobile money service, these companies are at the vanguard of Africa’s technological revolution. They are making money for their shareholders but more importantly they – and a generation of start-ups across the continent – are putting African engineers, innovators and mathematicians on the world stage, showcasing ideas and systems that other regions are rushing to copy. Norway is trying to keep up with Kenya in the mobile-money stakes. Ye...