Here is the deal: this is one of the few periods in the African continent where the combinatorial powers of digital technologies are meeting innovators with capabilities to fix market frictions at scale. For all the technologies which have come, none has this massive low barrier of entry, enabling young people to not just dream but live in reality.
In the 1990s, the new generation banks emerged and they did well. In the 2000s, voice telephony transformed Africa with better communication. In the 2010s, it was the age of the mobile internet. In this 2020s age, this is the application utility age where market frictions would be fixed and technologies will redesign the architectures of African economies. The fusion of software and cloud computing, piped via mobile internet will redesign a continent, across industrial sectors and market territories.
But you know what? We are still at infancy. This will be decades-long; anything you think that is big today is nothing. Begin to #build because abundance is in the future. Do not just talk about the problems, fix them – and capture your moments.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
What are you building?
Join Tekedia Live on Saturday to discuss this and more.
Today’s session on Design Thinking from an SAP business leader was super-amazing. On Saturday, I will continue the excursion into the mechanics of markets in another session, focusing on how to build category-king companies. Zoom link in the Board school.tekedia.com
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Register for Tekedia Mini-MBA (Jun 3 - Sep 2, 2024), and join Prof Ndubuisi Ekekwe and our global faculty; click here.