Question

Africa is well positioned to benefit from rapidly growing technological developments which hold promising prospects for the economy. Expand on how this positive trend of improved technology is likely to impact the future of Africa's economy.

Answer 1

Africa has been suffering from poverty and backward for generations....the technology development in Africa is far beyond the reach of ordinary population living in rural areas. The rich poor gap tend to widen each day, hence Economic progress in Africa is mere paradox.

Africa is uniquely position to apply Economic development to ensure that technological progress doesn't just create a new class of wealthy rich people but also to boost socio economic progress for the wider population.

The main positive impact will be inclusive growth,i.e growth with equal opportunity. Other progress include

1. Equal opportunity for all
2. Cross sector pollination
3. Education
4. Sustainable infrastructure
5. Enhance private innovation with public backing
6. Improve traditional agriculture through the invention of new, affordable and advanced technology.

Thus with appropriate growth in technology economic development can be achieved which determines growth of African Economy.