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How Africa Is Becoming A Big Technology Player

How Africa Is Becoming A Big Technology Player

From CNBC Africa

Over the last several years, technology trends have shifted dramatically with Africa and China becoming big industry players.

“China has really transformed itself; it is now the largest global manufacturer. The economy shifted from supplying raw materials to buying goods at low labour costs and now, it is really at the forefront of technology,” Ian Weightman, vice president of IHS Technology told CNBC Africa at the World Economic Forum Annual Meeting of the New Champions in China this year.

“You can see a parallel with that in Africa whereby the nations there are moving through the same spectrum of supplying fundamental technologies in a way that wasn’t happening a few years ago.”

 

Written by Farhaanah Mahomed/Read more at CNBC Africa