New technologies key to driving Africa’s growth

Africa has a historic opportunity to accelerate growth and development by tapping into the potential that new technologies hold, ABB Asia, Middle East and Africa region President Dr Chun-Yuan Gu said on Tuesday. Delivering the keynote speech at the ABB Customer World Africa 2018 conference in Johannesburg, he noted that the digital revolution had already transformed the lives of millions of people through mobile phone and Internet access, adding that these technologies have allowed Africans to leap over fixed-line telephone usage and use financial services without “setting foot in a bank”.