Arab Organization for Industrialization (AOI), an Egyptian state-owned company, will be launching solar power plants in Uganda, Congo, Tanzania, Eritrea, Somalia, and Southern Sudan, with capacities ranging from 2 to 4 MW.
The company will be responsible for the design, financing, construction, and operation of the plants. The projects will produce electricity as well as desalination plants in the targeted countries.
For instance, 3air is championing this drive with the K3 Lastmile technology, a broadband infrastructure that can provide an internet speed of 1 Gbps.The Lastmile technology, first deployed in Sierra Leone in 2019, has been successful and compared to what is currently available in Africa, sets the continent to become a league of its own.Moreover, through the Cardano blockchain, users will access 3air’s broadband-based internet services hassle-free and at a pocket-friendly cost.How Blockchain Telecom Can Impact the Economy of Developing CountriesBlockchain telecom has direct impacts on key sectors of Africa's economy, especially because stable internet connectivity is paramount in today’s world.
Here are practical ways developing countries can benefit from the service offerings of blockchain internet providers:FinTech and BankingAbout 57% of the adult population in Africa lacks any form of bank accounts.
That makes Africa a viable destination for over 576 Financial Technology (FinTech) startups headquartered on the continent, whose goal is to promote accessible payment services, financial inclusion, and convenient alternatives to traditional banking.However, the major limitation to the growth and adoption of FinTech in developing countries is the lack of sustainable and affordable internet access.
Even with Africa’s impressive mobile phone market growth, FinTech companies are having a hard time onboarding customers due to epileptic and expensive internet costs.The emergence of the blockchain telecom market directly addresses the issues of high internet rates and poor internet speed, making it possible for more persons to gain financial inclusion through accessing online banking services in the region.Small Business and eCommerceIn 2019, Africa’s biggest eCommerce company, Jumia, became the first African startup to list on the New York Stock Exchange (NYSE), charting a new course for the African eCommerce ecosystem.
With an annual growth of 20%, the nation would spend $11.16 billion between 2022 and 2026.While funding seems to be the predominant issue plaguing the nation’s healthcare system, the poor infrastructure and services of the existing internet providers in Nigeria play a major role in hindering innovation and growth in the healthcare industry.For instance, Nigeria and most African countries are not yet in tune with the Internet of Medical Things (IoMT) revolution.
IoMT, which involves remote diagnostics, remote monitoring, and remote robotic surgical procedures, could save the region a great percentage of funds spent on medical tourism.As amazing as the technologies behind IoMT may be, they are heavily dependent on stable high-speed internet servicesㅡwhich no internet provider in Nigeria offers currentlyㅡemphasizing the need for blockchain telecom services.Education and Remote LearningAfrica has over 34 million out-of-school children within the primary education age bracket.
Job search Engine in some Asian and African Countries One search among thousands of jobs posted on the leading in African and Asian Countries job boards Daily update
The agreement, brokered by Donald Trump, makes the UAE the third Arab country to have full diplomatic relations with Israel in return for an end to Israeli threats to annex Palestinian land.In Jerusalem on Monday, Pompeo said he hoped more Arab countries would reach similar agreements with Israel.In the call with Sheikh Mohammed, they discussed the prospects for strengthening the deal “in a way that serves the foundations of peace and stability in the region.https://arab.news/rnp4d
Global Economic - In fact, a number of people estimate the situation of the global economy will still experience a slowdown.
Hopefully it can be two digits," he said in the Office of the coordinating Ministry for Economic affairs, Jakarta, Thursday (7/11).
This will be supported with trade agreements in order to increase the value of exports.
Agus said it will draw up a program of priority (quick win) the next six months.
This is a message to President Joko Widodo (Jokowi) stated that in the first six months of 2020 will determine the condition of the Indonesian economy.
In fact, the government is targeting export growth to 2019 of 8%.
There are not less than 200 nations in the world.
There are numerous that earn billions and trillions as their revenue at the end of every year.
But not many would know which one is the top in the list of World most rich countries.
Well, not many would know which remains at the top in terms of wealth and revenue generation.
We have found out the best list for you that can be included in the top five nations in the world in terms of their earning capacity per world per capita.
These rankings are based as per the IMF released data on the GDP per capital that is based on the buying power capacity and then comparing their currencies in terms of cost and the nation’s economy in terms to the IMF.Qatar ($124,930)This may come as a surprise to many but this small country based in Middle East seems to be among the richest nations in the world as per capita.
Сarring on a tradition, we release a list of top IT outsourcing countries in 2020.
Fortunately for those who considering programming outsourcing, the list is constantly growing and full of worthy contenders.
All you have to do is to check this blog post and make the best choice out of your particular requirements and business goals.You can read the full article about Top IT Outsourcing countries in 2020 and share your thoughts on it.it