These African Countries Were the Most Innovative in 2022 According to Report
In 2022, the African continent made great strides in tech advancements and innovation.
The World Intellectual Property Organization (WIPO) recently released the 15th edition of the Global Innovation Index, which ranked several African countries who have exponentially improved their economies, and inched closer to becoming competitive innovators on the world stage.
WIPO ranked Mauritius, South Africa, and Morocco as the leaders of African innovation who have significantly improved the development of their economies over the past few years. Although Morocco, Tunisia, Kenya, Tanzania, and Zimbabwe fall under the lower-middle income category, they performed better than projections thought they would. Rwanda, Madagascar, Mozambique, and Burundi, which fell in the low-income group, outperformed on the innovation scale relative to their development.
COVID-19 was a catalyst for innovation in many African countries, because the limitations surrounding the pandemic became a force for centering day-to-day processes around technology and efficiency. The report also pointed out that many African business leaders ardently tapped into progressive technological advancements like Blockchain development and Artificial Intelligence to streamline business processes and improve efficiency. In 2022, African telecommunication companies began to tap into 5G networks, which drastically made the use of 4G mobile internet less expensive. In the same year, Meta also discovered that 16 African countries were conducive locations for metaverse tests, a process that could potentially add $40 billion to Africa’s Gross Domestic Product (GDP) by 2031.
SOURCE : OKAY AFRICA