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Working on key pillars will help Africa to be more globally competitive. Photo: africa.com

12 Issues Africa Needs To Address To Be More Globally Competitive

By Peter Pedroncelli, 6:38 pm AFKI Original

Africa is a continent of great opportunity and potential, but as a whole, the continent needs to work to become more globally competitive for the benefit of industries such as tech to truly thrive. Africa competes for foreign direct investment with other emerging markets such as Asia, Latin America, and the Caribbean. Africa needs to address a number of key issues in order to rival their main competitors in the market and carve out a competitive landscape that will attract foreign direct investment. Africa’s average competitiveness ranking is 21 percent compared to Latin America and The Caribbean’s average ranking of 40 percent, and Asia’s average ranking of 57 percent.

Education: Latest News

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  • 12 African Tech Innovators Worth Following On Twitter

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  • Malawi To Host Continent’s First-Ever Africa Science Week

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  • French Telecoms Giant Launches $56M African Startup Investment Program

    african startup investment By Peter Pedroncelli, 5:47 am

    French telecommunications operator Orange have announced the launch of an African startup investment initiative that will support innovative startups across the continent. Orange has earmarked $56 million for investment, with half of it set to be invested indirectly through funds that specialize in the digital sector. The other half of the funds will go towards the creation of a new initiative, called Orange Digital Ventures Africa, which will invest directly in African startups within a number of industries including logistics, e-commerce, transport, energy, fintech, and e-health businesses.

  • Technology Student Population At Ghana Tech University Soars To 8,000

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  • World-First Next Generation Digital Identification Technology Created In South Africa To Combat Identity Theft

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  • 12 Tech And Telecoms Companies That Inspire Africa

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