Friday, November 22African Digital Business Magazine

Tag: investing in innovation

It’s Time For Africa To Invest In Education, Science And Technology
Kenya News, Main, Science, Senegal News, South Africa News, Tech

It’s Time For Africa To Invest In Education, Science And Technology

Africa produces just 1.1% of global scientific knowledge. There are 79 scientists per million Africans. According to the UNESCO Institute of Statistics (UIS) estimate for 2019 Africa’s funding for Research and Development is 0.4% of the continents GDP which is far below the global average of 1.7% and the lowest in the world. In 2006, the African Union Executive Council established a target for all member states to invest 1% of GDP in Research and Development. Data from the UIS shows that only South Africa, Kenya, and Senegal are close to meeting that target with about 0.8% of GDP dedicated to Research and Development. Africa will continue to be held back in development if we do not immediately invest in Research and Development. Science has the solution for most Africa challenges but we ar...