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FEDHA Group CEO on unlocking Africa's tech potential
The World Economic Forum highlights prioritizing infrastructure, embedding ICT across sectors and foreign involvement as key points to unlocking Africa’s potential through technological innovation. Dhruv Pandit, CEO of FEDHA Group joins CNBC Africa.
Tue, 23 Jan 2018 14:31:36 GMT
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AI Generated Summary
- The need for adopting technology from the grassroots level upwards and emphasizing 'Africans for African solutions'
- The shift in African countries shedding the stereotype of aid-based capital injections and the role of foreign involvement in driving progress
- The importance of leadership in driving technological advancement and the pressure on older generations to pave the way for young tech innovators
Africa's potential for technological innovation has long been recognized, with key figures emphasizing the importance of prioritizing infrastructure, embedding ICT across sectors, and increasing foreign involvement. Dhruv Pandit, CEO of FEDHA Group, recently discussed these crucial points in an interview with CNBC Africa. Pandit highlighted the need for adopting technology from the grassroots level upwards and stressed the importance of 'Africans for African solutions'. He mentioned an upcoming conference in Nairobi where speakers echoed the sentiment that Africa has the technology and talent necessary for innovation, but that these resources are not being utilized effectively. This underscores the need for internal adoption and implementation of technology solutions.
One key takeaway from the World Economic Forum summit is the shift away from the stereotype that capital injections in African countries come primarily in the form of aid. Foreign involvement in the technology and innovation sectors has played a significant role in driving progress on the continent. However, Pandit emphasized the importance of striking a balance and avoiding a paternalistic approach when engaging with African communities. He referenced a keynote speaker who emphasized the need to move away from the 'wagging finger of development' and instead focus on collaborative conversations that empower individuals to embrace new technologies and solutions.
The discussion also delved into the role of leadership in driving technological advancement in Africa. Professor Kalistas Juma, a prominent advocate for integrated science, tech, and innovation, emphasized the importance of younger tech innovators taking the reins from the older generation. Pandit acknowledged the pressure faced by established leaders to pave the way for the next generation of innovators. He highlighted the professor's emphasis on continuous learning and engagement with young people as key strategies for staying relevant and fostering innovation.
In conclusion, unlocking Africa's tech potential requires a multifaceted approach that includes internal adoption, foreign investment, and strong leadership. By fostering a culture of collaboration, continuous learning, and youth engagement, African countries can harness their technology and talent to drive innovation and economic growth on the continent.