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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.

Features: Latest News

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    It is surprising how many business people assume Africa is behind the times in technology. Infrastructure may be a problem…but technology is a different story, and in fact, innovation and active appreciation for the wonders of technology are present throughout the continent. Sub-Saharan Africa, in many instances, can make a Western business person feel like they underuse their mobile phone…or simply feel behind the times when they do not know how to use M-Pesa.

  • 12 African Tech Innovators Worth Following On Twitter

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    African tech innovators create jobs while finding solutions to modern African problems, and they deserve to be celebrated for the important role they play in society. Twitter has become a popular short-message platform in which to connect with the masses, and African innovators, along with the wider audience on the continent, have adopted the social media platform via mobile and desktop. Here are 12 African tech innovators who are worth following on Twitter.

  • Financing Mass Transport In Africa To Kickstart Urban Development

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    The African continent will continue to experience major urban development in the coming decades. Such urban development requires improved mass transport and freight-moving systems to support the population growth. Some urban planners even argue that mass transport networks are central to cities’ ability to control the expansion and better manage property development, while reducing travel times and boosting land values.

  • Why Small Business Is Key To Microsoft’s Strategy In Africa

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    Microsoft has partnered with the Nigerian government to digitally transform service delivery to the country’s investor community. It’s important to look at this in the wider context of Microsoft’s growing involvement in the region. Promoting business and supporting the growth of cloud services are key to Microsoft’s strategy in Africa, as the company eyes the last unsaturated market on earth. Just as Google and Facebook are increasingly involved on the continent, Microsoft too is making a play to establish a long-term customer base there.

  • 12 Things You Didn’t Know About How Africans Have Embraced Mobile

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    Africa has embraced mobile like few other regions of the world have, with some of the highest mobile penetration rates and the majority of internet users accessing content online via their mobiles. Whether one considers online banking, apps for healthcare, connecting through social media or voting for a political party, Africans have fully embraced mobile technology and all of its possibilities. Here are the 12 things you didn’t know about how Africans have embraced mobile.

  • DotAfrica Goes Public July 4: Will Africans Embrace It Or Continue To ‘Be Guests On Someone Else’s Web’?

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  • 10 African Countries With The Most Active Facebook Users

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  • 12 Sub-Saharan African Countries Where It’s Easiest To Start A Business

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