Founders of leading tech banks
Africa’s tech-enabled commerce sector has come a long way over the last decade and is now on the cusp of a significant shift. After years of development, some attrition along the way, the ecosystem is maturing, and winners are starting to emerge.
With total installed capacity of wind power plants climbing to 129 GW by 2026, there needs to be investment in weathertech to match. With growing political support and falling costs year after year, investors in the renewables space are rightfully focused on companies building new wind farm installations that add GWatt capacity to the grid.
Transitioning towards a cheaper, cleaner, and more secure renewable energy future that can simultaneously provide grid stability will require a more significant shift in how data is viewed. Companies must begin treating data as a valuable asset and utilise it to increase profits.
Computing power using classical methods (conventional transistors) is nearly maxed out, due ironically, to quantum mechanics. As transistors reach the scale of individual atoms, electrons can “quantum tunnel” across a transistor rendering it useless.
After long falling short of its potential and lagging behind other emerging markets, Pakistan’s tech sector has suddenly sprung to life and shows no signs of slowing down. The Pakistani tech ecosystem is live and kicking with $170m being raised in Q1 2022.
The rise of batteries over the last decade has been nothing short of meteoric as lithium-ion batteries have now reached a point where they are now commercially viable to power vehicles and our homes. Batteries continue to garner the lion’s share of media and investor attention.
It’s been an interesting few months for mergers and acquisitions (M&A) in Africa. Several significant M&A deals have transpired after a COVID-driven slowdown in 2020 and most of 2021 driven by key factors, including a growing imperative to reach economies of scale, rising customer acquisition costs, and a need to become pan-African to mitigate regulatory risks.
Since Apple introduced the Apple Store in 2008, single-use apps have multiplied exponentially and become part of everyday life. Fast forward to today, and consumers in western markets like the US and EU are using single-purpose apps for everything from hailing a taxi and food delivery to gaming, online shopping, and banking.
It’s been a rough start to the year for the public and private markets. With talks of interest rate hikes heating up, the S&P fell by 11% in January, making it the worst January since 2009.