Monday, September 12, 2011

Technology Generation Skipping

The WSJ of 12 September has an article on Chinese telecoms in Africa. The real story is the rapid growth of smart phones in Africa. This is the telecoms 'generation skipping' I mention in the book. From May 2010 to May 2011, smartphone growth was 1280% in Nigeria, 189% in South Africa, 97% in Kenya, and 133% overall in Africa. Smart phones free them from the maze of bureaucracy and mismanagement in state owned land systems. They are incredibly innovative with their mobile phones.

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