Category: Government Tech Policy

Government Tech Policy

The State of Mobile Money in Africa 2024,it’s evolving use cases and a couple of tough questions

The “GSMA State of the Industry Report on Mobile Money 2024” underscores mobile money’s critical role in global financial inclusion, notably in Sub-Saharan Africa with 548 million accounts driving significant GDP growth. West Africa’s boom in mobile money, spurred by innovative regulations and non-MNO services, contrasts with East Africa’s MNO-led model. Use cases are expanding beyond transactions to remittances and merchant payments, fueling economic development. Technological advances and regulation prompt this sector’s promising future, offering transformative potential especially in underbanked regions.

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Are these Accelerator programs wasting African startups time?

Are these Accelerator programs wasting African startups time?

This article was sparked by a thought-provoking LinkedIn post from Victor Asemota, where he delves into the phenomenon of African startups being caught in a seemingly endless loop of acceleration. It’s like watching a hamster on a wheel, except the hamster is a startup, and the wheel is the myriad of accelerator programs out there. Victor’s musings were in the context Visa acceleration program, where he noted that the startups involved were already so seasoned in the accelerator circuit that another round seemed more like a victory lap than a necessity

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Deliberate ICT policies will show the difference between winners and losers in the Africa tech space

From the governmental perspective, the African countries that will win in the technology race and become the locations where global tech organizations want to open offices, and where startup’s want to expand to and grow in , will have to heavily engage in developing deliberate ICT policies that will provide a road map of growth and will direct the development of a systematic tech enabled environment for their citizens and investors.

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