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It was a pleasure to be invited by The Economist to speak at the Innovation Summit Africa on March 6th 2018, in conjunction with Nairobi Innovation Week. The summit gathered global business leaders, policymakers, entrepreneurs, technologists, thinkers and Africa's next generation innovators. We discussed strategies to leverage new technologies, opportunities and challenges for the expansion of digital transformation in the region, and how to change policies to enable the growth of technology in Africa. The talk uncovered what new industries and markets are on the horizon, which new products and ideas are set to disrupt businesses and markets in the coming years, how quickly can these future trends be commercialized. Learn more below and enjoy this panel discussion! SPEAKER// Rania Hoteit, Founder and CEO of ID4A Technologies. SPEAKER'S SESSION// THE NEXT TRANSFORMATIVE TECH: Technology is opening up African economies that have long been closed or did not previously exist, which has led to a boost in social possibilities. At the same time the continent is on the cusp of a demographic revolution that could see the region’s youth doubling. This panel discusses what new industries and markets are on the horizon that can capitalize on these trends, which new products and ideas will disrupt businesses and markets in the coming years, and how quickly can these trends be commercialized. We also debated whether technology can be a boon for employment opportunities or if these future trends will counter each other to result in a population glut. SITE AND SOCIAL LINKS: raniahoteit.com / raniahoteitofficialpage / raniahoteit_officialpublicpage / raniahoteit / rania_hoteit NOTE FROM THE ORGANIZERS // ABOUT THE INNOVATION SUMMIT - AFRICA: "The rise of a 'smart', connected Africa is allowing countries across the continent to leapfrog several stages of development in key areas such as banking and telecommunications and is reshaping business and society. Ericsson, a technology company, estimates that the number of mobile phones in Africa will rise to 930m by 2019—almost one per person—pushing internet penetration to 50% within a decade. This tech revolution, along with an expanding labour force and large consumer market, holds the promise of significantly accelerating growth for the continent. Despite this, growth in several African countries has slowed in recent years after more than a decade of solid expansion. Rickety infrastructure, skills shortages, weak governance and a reliance on commodities continue to plague the continent, underscoring the need for economic diversification for sustained, inclusive growth in areas such as agriculture, manufacturing, healthcare, education and banking. Africa undoubtedly offers potential, but the question remains: how will it be achieved? Are African governments doing enough to improve infrastructure, train their workforces, modernise regulations and ensure inclusive growth, to create a better business climate and boost trade? How can companies innovate and capitalise on advances in technology to scale up their businesses across the continent? Can Africa’s tech-driven startups become engines of future growth? And will a connected Africa be better for business and improve lives for people overall? At a time of transformation, The Innovation Summit—Africa will gather business leaders, policymakers, entrepreneurs, technologists and thinkers to explore opportunities and challenges for the expansion of digital transformation in the region. It will discuss strategies that leverage new technologies and transformative business models to increase access to remote populations across the continent" - Chair: Jonathan Rosenthal, Africa editor, The Economist — [Content is copyright of Rania Hoteit. All Rights Reserved] #entrepreneurship #business #innovation #technology #socialimpact #economicempowerment #InnovEcon #NIW2018 #africa #nairobi #innovationmanagement #leadershipdevelopment #womenintech