It looks like despite a global increase in demand for telecommunications products and services as well as an increase in demand for content, in South Africa both sectors experienced job losses during 2021. Further emphasizing the country's unemployment crisis.

In 2019, approximately $48 billion was remitted in Afrika, with Nigeria receiving roughly 50% of this amount, followed by Ghana and Kenya. Despite the COVID-19 pandemic's negative impact, remittance inflows picked up again and grew roughly by 6% in 2021.

🎧 This is how much music artists are paid per stream (on average depending on several factors) by various musical streaming platforms.

A stream eligible for payment is a song that has been played for a minimum of 30 seconds.

Perspective: Before music streaming, to earn $1,000 a music artist would have to sell merely 100 CDs (at $9.99 each). Nowadays, to earn $1,000 via Spotify a music artist would need their song/s streamed 303,030 times.

🔌 In order for the adoption of Electric Vehicles (EVs) to increase across Afrika, which must come first: the EVs or the charging infrastructure? We take a look at the available EV charging infrastructure and some of the notable countries with more electric cars registered.

What do we mean when we say Electric Vehicle (EV)?

To encourage capital investment in Electric Vehicle (EV) charging infrastructure, Independent Power Producers would want to see large numbers of EVs on the road across different Afrikan countries., however, consumers want assurance of charging infrastructure before buying an EV.

Learn more about "EV charging across Afrika" iafrikan.com/where-to-charg…

📱 Afrika is home to all the natural resources used in manufacturing smartphones. What needs to happen for local manufacturing of smartphones (not just assembly) to happen?

Recap: Earlier in 2022 MTN Group's mobile money service, MoMo, toppled Vodacom's M-Pesa to become Afrika's largest mobile money service. It is important to note that both services can co-exist along with others as the market is big enough. 📊 By the numbers: MTN MoMo vs M-Pesa

💸 One of the biggest ways that Afrika’s economic development is being sabotaged and stunted is through illicit financial outflows. More money leaves Afrika via illicit financial transactions than the continent receives in aid funding.

Here are some interesting Venture Capital trends to keep an eye on across Afrika.