This has been the fate of most people in the African continent and as such depriving the people of achieving their desired potentials in life. It is no longer news that the African countries rank amongst the poorest in the world today and this is as a result of bad governance and financial policies which have been put in place. This has also helped the government of the day to breed more corrupt leaders and government officials.
Challenges facing African countries
There are many challenges that are limiting the desired progress for the African people. This has taken the following channels which includes but are not limited to:
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- Poor Technological infrastructure: There is a high level of inadequate infrastructure to help small and budding businesses all over the African continent which includes poor power supply, which is the major infrastructure needed for the enhancement of technological development.
- Poor internet connectivity: In most of the countries in Africa the level of internet penetration is very low and the internet service providers are also faced with other overwhelming challenges which tend to hinder their service.
As a result of this, most of the internet users are left to manage their own access to internet services which can come through mobile phone connection (which is a lot slower in services).
- Bad governance: The leaders in the African continent most probably seem to want to lead using a myopic and traditional method of governance which seems to put them out of touch with the current realities in respect to modern technology and infrastructural development.
What needs to be done?
However, it is high time the people begin to make the right choices in pushing the agenda of a people with freedom and desire to achieve positive changes in their lives.
Africa is blessed with a lot of treasures in the form of human resources, capital resources, and natural resources. Although this abundance does not translate to the better life the people yearn to have from their leaders.
Enters Blockchain technology: a blessing indeed
The advent of blockchain technology and cryptocurrency has brought a high level of transformation in recent times. This has taken a positive dimension as most young people have decided to take the bulls by the horn to develop themselves and compete in the global space by the virtue of the decentralized nature of the blockchain.
This has also given many African youths the opportunity to look inwards to become technologically vibrant in the global community of software development and financial services.
It is also noteworthy to mention that young talented Africans in the diaspora have jointly supported the developmental strides by partnering with venture capitals to raise funds for the development of technology hubs across the African continent.
Creativity is embedded in Africa
This in recent times has yielded much fruit as such projects are now worth millions of dollars in value and have created an opportunity to uplift whatever country it is domiciled in Africa.
The ideas emanating from the African continent as a result of these development hubs are limitless as they border around products that can satisfy the African market. Some of the products and projects are centered around Agriculture, finance, transportation, education, marketing and communication, entertainment and so much more.
Indeed the African continent is blessed and fruitful if given proper consideration and support for it to grow. There is an increase in advocacy groups to help spread the word in order for the leaders to begin to look inward and create an enabling environment for the younger generation to make the continent the cynosure of the world.
With products being churned out from our tech hubs and integration of blockchain technology would eventually remove a lot of barriers that have bedeviled the continent in the past and create a more transparent world for future generations to come.
It is therefore imperative to acknowledge the immense benefits of Bitcoin and blockchain technology in the lives of Africans in the past few years. This has created a massive opportunity for the teeming youths and enabled them to become their own bosses and live a financially free life as they engage in activities around blockchain technology and businesses.
In conclusion, it would fail me to say that a platform like Klever is a place where more people can get insights and education, especially from content which is produced on a frequent basis for the benefit of all, no matter where you are from, your race, religion or creed. We are always open to helping you succeed and get financially free in a Klever way.
It is a Klever thing to do
