39 Burst results for "African"
Fresh update on "african" discussed on WTOP 24 Hour News
"Sign says no more excuses. We're not your target practice and I mean it. Dixon said. He ordered the men to stop and also claimed they tried to run him over. But investigators say the men were shot from behind. Dixon is being held without bond in his next court appearance is scheduled for tomorrow. It's a fight that has united a community. Ah small town in Virginia is working to save the resting place of former slaves, Washington Group and thoroughfare, Virginia Small town People haven't heard him. Now he's leading a coalition to save his York African American cemeteries where his ancestors are buried double in the area. But to have come under encroachment issues. Developers are looking to move in with plans to excavate bodies and destroyed buildings built by slaves dating back hundreds of years. History is here. The heritage is there. People coming in, don't seem to have an idea of the reverence of the respect we have for those they're going on. For us. The coalition has since started to go fund me and is working with elected officials the goal to.
Congresswoman Lee Statement on Violent Coup Attempt
"Us now democratic congresswoman. Barbara lee of california. She is one of the ten house. Democrats who joined the lawsuit against donald trump congressman league. Great to see you as always thank you for joining us. I feel like for once. I haven't made you get up crazy early in the morning to talk to me congress. Let's talk about this. this news. The study that indicates that this grievance white grievance people came from areas where they've seen a decline in white populations in america replaced by either hispanic or or or black people and that was that fed some of the racism that led to the decision to go and storm the capital on january. Sixth does that. Does that help you to have any of that context. That's the context that as an african american we know i know. White supremacy Has been with us. The beginning of time here in america and in fact what is taking place. Now as we saw january six is that the Foregin izing of such as the oath keepers the proud boys along with a donald trump rudy. Giuliani the all of them have gotten together now to really try to in many ways I bob they entered into what we what i say was an attempted. Coup through their violence and insurrection. But the second one. They're trying to take away on fundamental democratic rights. Our constitutional rights. You see what's taking place throughout the country just in terms of suppression laws so this has been winless in now. I think the rest of the country. The rest of the world is seeing what african americans have had to deal with for four centuries in america
Fresh update on "african" discussed on Power 105.1 FM Programming
"Mm hmm. Doing what? Reverend? Control Yah housing project 300 residents. All the houses mold in the mountain will do And that's And Roseman in the houses. Most of women because men cannot come home because speculate They've been jailed ahead, come home and his men they hate they come home for the women. And, uh, on baby the people on the high bit because the Roches Yes, that way they don't have they've been bested, not taking the sense. Jews in the ways of pleasing him. He went. He was the people we've been selling. Do you got doing them? But they're holding back wherever you're going right to this point because now the Pew Center came out with a study that showed that more than half of Americans don't go to church now. What does that say? Dr Hendricks? What does that say? Well, it says, is that you know I've seen the church as increasingly irrelevant. I mean, And in many ways in many if that most are the same, but, you know, I mean, uh, you know, we have what we have. We have churches that focused on One on prayed and prayed that the phrase that's all not it is not praising God by going out and struggling and make a better world. They're talking about something different that, you know. It's not relevant, really, to change the things that we have the prosperity hands I got full and we see how our food that is, but not only that deficit. It's it's a much older question in that. Mainstream Christianity has always been aligned with powers that be and uh, and churches that are not quietest IX for Are not in service to failing orthodoxy. They're very cute. You know, we have very few lift would raise the churches and think about it even have to call the church. A liberation church is crazy because all churches should be liberation churches on It's irrelevant and it sat on churches I consumed with institutional maintenance. Um Jesus talked about helping the poor and the play the poor more than anything else. Well, very few churches. Talk about that. And in that sermon, um s so it's almost like it's an abdication of Of the of the gospel message to stand up to bring good news to the poor, which talked about institutional change. It's almost like an advocation responsibility. Talk about liberation of the oppressed when what we do is Transformed the way people feel changed the way people feel and think, but don't change. But don't but don't inspire people to get out the struggle and change the way the world is. That's an abdication of gospel responsibility and whoever and and I would suggest that many, if not most, minister, um to some extent are advocating that responsibility, not necessarily on purpose. Many don't realize that's what they're doing, But others just don't get it because they want to build five them. And, like Martin, picking the churches and not to be entertainment spending, money forces detained, not creatures, but a lot of people seem to realize that I hate to say it into the dough on the West side. Insurance. Mr DeMint's adjustments. Come That ribbon has the ribbon accurate and they put the burden on them. Uh, we had changed that summer. 100 degrees and people have avenues that we were acting distant before. Mm hmm. It's all about your church. But we're not. We're not into that. Well, I mean, Reverend had she? I've got two minutes before we go to break E just one had, you know an interesting place that number one evangelical white churches dead. No more moral authority there. They're not gonna hold on to the young people. And by and the black Church that was historically sort of prophetic voice in American Empire has had been co opted with the prosperity gospel of some great degree. And so either these have now become irrelevant, which is what the Pew study shows what people are leaving these churches and drove. That interesting question is That George Florida's the backdrop today where it's gone, you know, not where the church is. Where is God? And interestingly, I think the black lives matter Movement. They come out of the church. I mean, where's the kind of movement of African Americans a moral movement are social justice movement that does not come out of the church. Which means that that God is still moving with more without the church that then Rod is still at the bottom of these and imperial systematic exploitation of humanity. Um, God is still Moving, and today the holiest ground on the planet is not necessarily Jerusalem. But I went up to Minneapolis Minneapolis on Monday and walked the neighborhood. And stood at the spot with George Floyd was executed was murdered was crucified, and it felt very much after I'm gonna choose him several times. But the Minneapolis that neighborhood that diverse neighborhood of people Paul about what they saw. It fills every bit. Holy grab on,.
Los Angeles County Seeks To Return Bruce’s Beach Property
"Southern California Black family could be getting back some property that was stolen decades ago. It's a strip of Southern California beachfront property that was seized from its black owners more than 90 years ago. Now lawmakers are spearheading efforts to give the land back. The landing question isn't Manhattan Beach, it was purchased by Willow and Charles, Bruce and 1912. They turned it into a resort for African Americans. If the plan goes through, the descendants of the Bruce family would get the land back. They would have the right to lease the land to L. A county. Steve Futterman. CBS News
Fresh update on "african" discussed on NEWS 88.7 Programming
"The climate crisis and water crisis. Two sides of the same coin. Leave me feeling very down. And if I'm honest, scared about the future, I have two young Children myself thought that they might grow up in a world of water chaos is deeply unsettling. The great satellites give us an invaluable global perspective on our ecological problems, But this isn't enough to fully understand what the climate crisis means. The water For that. We need to come back down to Earth on here. How these things are affecting people's lives right now. Lake Chad, which straddles four countries in central Africa is right at the sharp end of the climate crisis. Hindu you Maru Ibrahim is a geographer and local indigenous activist. She remembers how huge the lake used to be just a decade ago. Then? Yes, it will only take a book and I go in the middle off the leg. And then I stand up quietly and see from one corner to another one. Looks like you are in the middle of the sea. You do not see the horizon's the end off the leg. And actually mound. You cannot do that anymore. Because they lack is really shrink a lot around 90 60, the black wasps, 25,000 kilometers quest, and, actually, now it is about 2000 or 3000. Kilometers quest. So you see over the 50 years on Lee they like lost 90% off his water. That's the remarkable shrinkage just huge. How many people rely on Lake Chad for their livelihood? Their Adam odder than 40 million's peoples that leaving in depending from the lecture at what sort of communities are we talking about? So we're talking about what they pastoralists where the cattle held this We're talking about the family's peoples who are farming around the wetland off the leg and the fishermen, so those communities are more than 40 millions across Chad, Cameroon, Nigeria and Central African Republic. India tells me that most of these people are 100% reliant on the shrinking lake for their livelihoods. She uses her own pastoralist, cattle herding community as an example. So during the dry season, we are around the lake, Chad and sometime cross the water because there are a lot of small islands inside the leg, and then the goal of the cattle and leave from one island to another one toe found pastures and water so they use those resources to feed them Families. And they use it also to build up a little bit the economy and then development in the region. Lack of water is decimating local economies and fueling a syriza of violent conflicts. Hindu is in no doubt about the cause. It's the climate crisis in chat. We already have the decree increase by 1.5. So for us during the dry season that becoming much longer.
South African, Brazilian coronavirus variants land in Los Angeles
"African and Brazilian variants of covert 19 have been identified in Los Angeles, so they have been found here. About 70 specimens were studied randomly by department of Public Health 64% of them were found to be the B. I think it's to be 117. Which is the British variant and 20% were of the California variant because we got to do it our own way. Here's the thing very instant. If we have our numbers are low enough. Those variants don't matter, And it doesn't have to be the giant boogie man that everybody thinks it's going to be.
Fresh "African" from NEWS 88.7 Programming
"To add to existing facilities in pony are already full. I spoke to doctor, said Bronco Bari, who's been on the front line since the pandemic began. So what's different This time around? I'm seeing a single member of the family. It's possible that he supports the violence has gone up. The infectivity ratio is going up. It is affecting young evidence, which is quite surprising. The peace of the second wave has been far more rapid than the first. India's already gone way past the highest number of daily cases seen last year. The government says people not following covert protocols has led to the search. Many experts, like Digital Babu from the Public Health Foundation of India believe that's not the main reason it cannot explain the kind of surgeon cases that we're seeing now currently in again. Which clearly suggests that there is a great role for highly infectious variants off the virus, which is spreading faster and some of them might be even having the capacity to escape the immune system. Already. The evidence suggests that there is presents of the UK media. There is presence of the South African variant, and even in one case, they could identify the Brazilian variant, which is far more infections. No, that is evidence that more and more Indian variants are also in earlier. The worst hit areas are in lockdown, but cases a rising rapidly in many other parts of India. That hasn't deterred election campaigns in four states going to the polls, Prime minister and opposition leaders are holding mass rallies. Festival celebrations are also.
Brazilian And South African Covid-19 Variants Detected In Los Angeles
"Cases being reported not only county is holding study, but the county is Seymour sickness is caused by covert variants. Public health officials this week confirmed the first case of the South African strain and the first three local infections involving the Brazilian mutation. That's according to L, a county's public health director, Barbara for rare CDC is classified. The South Africa and Brazil variance as variants of concern because they're potentially associated with increased transmissibility and reduce susceptibility to certain therapeutics. Pereira says there are probably many more cases of the variance President the county and that's in addition to growing numbers of the UK and California strains Track five public health officials. 84% of the variants sequences past week are variants of concern with the probability of increased transmission, transmissibility and even more disease, more severe disease. There is some good news on the very in front, though the vaccines seem to work very well against the California strains, according to a new study published in the New England Journal of Medicine. The only times reports those variants accounted for more than a half of all new infections the state between late February and mid March.
Sports and Georgia: MLB, the Masters, and Beyond
"Tea masters. Golf tournament starts today. Augusta georgia it is one of sport's most premiere events and enormous platform but the energy all leading into it has changed pretty dramatically. Because of what's happened with baseball and georgia in recent days and be move the all star game out of georgia because of the new legislation. The state passed. that makes it harder to vote. So i i just need you to tell me about this georgia law. What does it do. What law really. Sp two oh two would it really is all about is the ways to keep the traditional high numbers of african american voters doubt howard. Bryant is a senior writer for espn and the author of the henry. Hank aaron biography the last hero when you look at what this potentially allows the georgia legislature to do that. It takes over from the secretary of state and election. It allows individual members of the board to be dropped if they're unpopular the governor's or the secretary of state's behest if you can do those things but you can essentially overturning election which is essentially what this whole thing was about back in november and so these details of that. Bill aren't getting anywhere near the attention. They deserve if these laws were in place last november then. The road had been paved to give president trump specifically what he wanted. Which was the avenue to overturn in election based on friday had not been proven. That's what this whole thing is really about
FDIC campaigns to get the unbanked to open accounts
"There's an industry term for people who don't have a checking or savings account the un banked more than seven million americans fall into that category according to the federal deposit insurance corporation and one consequence of that is not having a place to deposit those federal relief payments. Nancy was talking about now. The fdic has launched a public campaign aimed. At changing that marketplace's justin how reports households that are unbagged tend to have lower incomes more volatile incomes less education leonard chain is deputy to the chairman of the fdic. He says two and a half percent of white house or on banked and that in contrast to about fourteen percent of african american household and about twelve percent of hispanic households were unbanned. There are plenty of reasons why disadvantaged communities might avoid the banking system. You may have immigrant communities where people come from countries where where they can't trust the banking system like you can in the us. Robert james the second is the chairman of the national bankers association which represents minority lenders. You may have situations in the us where you know. People come from communities that have historically been underserved or been preyed upon by the banking system. Some minority on lenders have been trying to overcome that historical hesitation. Dominic thanh runs off this bank. A black owned lender in south carolina. It offers a checking account with no minimum opening balance and no fee if users keep at least one hundred dollars in it intentionally designed to account to be very simple very transparent there you to us through its campaign. The fdic is trying to let unbagged. People know all of the advantages opening a bank account. Leonard chain with fdic says instead of taking a check to a check cashing service paying a fee then. Walking around with a bunch of cash. The funds are going to be in an insured account as opposed to a check coming in your mailbox or even a prepaid card coming in your mailbox. Plus he says you have access to funds right away to transfer around or pay bills.
"Vaccine Passports" Spark Debate and Division
"Over the merits of vaccine passports is gathering steam as countries around the world debate how to kick start travel and public. Gatherings denmark became the first european country to introduce a form of vaccine certificates today while in the uk. Prime minister boris. Johnson has said that proof of vaccines will be required for major public events. The opposition labor party has opposed the idea calling them discriminatory but the parties. One time standard-bearer. Tony blair disagrees. I spoke to the former labor prime minister for monocle. Magazine's april issue a little of what he had to say on. The subject seems to be obvious that countries it for example owed up tourist industry other the tourists walk out whilst the disease status or the vaccination status of the people of about sharon with about shero restaurant. Wait i think this is inevitable. My point is if it is inevitable. Put in place a proper system now let a patchwork of different systems. Different processes validation gras topsy. Turvy because you just find a lot of complexity in a lot of confusion and you would also probably facilitate role at so you need proper validated systems. The best cities for the developed countries of the well to agree such a system between themselves or for example. We're working on a programming africa to allow a common travel costs between african countries. These things have to happen so my point is get ahead of the curb eight sensitive.
Democratic Republic of Congo Has Highest Levels of Hunger in World, UN Says
"Levels of hunger in the democratic republic of the congo now affect one in three people there a staggering record high. Un humanitarian won't on tuesday according to the food and agriculture organization fao and the world food program wfp twenty seven point. Three million people face acute food insecurity around seven million of these are suffering emergency levels of acute hunger. This means that the central african country is home to the highest number of people in urgent need of food security assistance in the world. According to the latest integrated phase classification analysis conflict remains a key calls of hunger. Wfp spokesperson thompson theory explained particularly in the eastern provinces of a cheery north and south kivu and tanganyika and the central kasai's are the key factors compounding. This crisis include these slump and ds's economy on the socio economic impact of cave.
Biden Administration To Tackle Economic Disparities Caused By COVID-19
"The pandemic made existing economic inequalities in this country even worse. So what does the biden administration plan to do about that. Npr's asia roscoe talk to john jones chief economist at the labor department and the first black woman to hold that job employers added more than nine hundred thousand jobs last month. That's a banner number for any administration and the unemployment rate dropped to six percent but general jones. The first black woman to serve as the top economists for the labor department says you have to dig further into those numbers whenever someone tells me a headline number or tells me the economy is doing really well. My immediate follow up question is for who and who's being left behind and who is not included. The answer as it has been for years is a lot of the country that is not white or male with the growth in vaccinations. Businesses like restaurants and hotels are making more money and hiring more people. Jones says that's good news for black. And latino women who are over represented in the leisure and hospitality sector. Still unemployment only failed to seven point nine percent for latinos and nine point six percent for african americans if the overall unemployment rate was nine point six percent for all workers we would be running around with our heads on fire that is crisis levels of unemployment and jones says that even a return to pre pandemic jobless levels will not be good enough for many people. During the trump administration the low unemployment that preceded. The pandemic was promoted as a top accomplishment. Here's former president trump. In his farewell address we reignited. America's job creation and achieved record low unemployment for african americans hispanic americans. Asian americans women almost everyone but even at those historic levels. African american unemployment was still about double white unemployment for jones. Those sorts of details are significant
South Africa Under Fire Over Resale of AstraZeneca Vaccines
"Africa has sold the one million doses of the astra zeneca corona virus vaccine that got earlier this year after a study showed it offers minimal protection against mild and moderate cases of the south african variant but ishmael fundy globe reports. Many are criticizing the sale. Many south africans argue the vaccine could have been given to high risk individuals as it would protect them against severe disease. The government opted to roll out the country's vaccination program using johnson and johnson vaccine so africa has the highest number of recorded covid nineteen cases and debts on the african continent. Ishmael fantastic love reporting
South Africa sells AstraZeneca doses to other AU nations
"The one million doses of the astra zeneca corona virus vaccine. Got this year after a study showed it offers minimal protection against mild and moderate cases of the south african variant but ishmael phoned equal reports. Many are criticizing the sale. Many south africans argue the vaccine could have been given to high risk individuals as it would protect them against severe disease. The government of to roll out the country's vaccination program using the johnson and johnson vaccine so lucky guy has the highest number of recorded covid nineteen cases and debts on the african continent ishmael and equal reporting in. Florida
Doctors Urge People To Keep Up With Their Routine Screenings
"About the consequences of Americans putting off doctor's appointments and early detection screenings because of covert 19 WBZ is Kim Tunnicliffe tells US a Boston based nonprofit is launching a public awareness campaign urging men to start going for their prostate cancer screenings again. The prostate Health Education Network believes a crisis is looming for African American men in the U. S. President Thomas Farrington is concerned. The pandemic has cause meant to put off their early detection screenings, he says. The American Cancer Society is estimating that new prostate cancer cases will increase by 30% this year in American Man of the highest isn't afraid so there's more than 70% high for all other bands and die at a rate of more than 120% higher with they expected estimated you increases we see a major crisis, the network is teaming up with politicians. Energy and doctors to speak out about the importance of scheduling those early detection screenings. Kim Tunnicliffe WBZ
New study of Pfizer vaccine finds it's effective against South African variant
"The company says trials suggest it's vaccine is effective against a variant that first emerged in South Africa. Advisor says a new company study shows the vaccine more than 90% effective Six months after volunteers got their second dose. The drug maker says the new data likely is sufficient for the vaccine to meet full FDA approval criteria. Vaccinations are now available for anyone
Being gay in Ghana: LGBT community is 'under attack'
"The world now to West Africa and Gamma. That nation has long been look to as a beacon of stability on the African continent. Ghana was the first sub Saharan country to gain independence. Gonna instill pride themselves on their freedoms. But that liberty isn't afforded to everyone Consider the LGBT Q community there. Recently, Public acts of homophobia in Ghana have pushed LGBT Q gun and into the national spotlight. World's Bianca Hillier reports January 31st was supposed to be the start of something new and Ghana How crazy it was opening ceremony for the country's first ever LGBTQ center. Alex Dong core is the director of LGBT Plus Rights, Ghana, the organization running the space. Way wish to create a peaceful ourselves as a movement to be able to sit down and strategize and mobilize and quartered needs be sources. Honors. LGBTQ community has a history of fighting for freedom. But most of this organizing has been done online for security reasons. So this physical space in across signaled new opportunities, but it didn't last long. Moses fall moaning, heads up Ghana's National Coalition for proper sexual rights and family values and quickly put up a fight the presidency and the minister of foreign affairs and the RGB have every right to investigate the setting up of that office to close it down immediately and arrest and prosecute those people involved in it. In the weeks following the LGBT Q Center's opening Fella moaning led a campaign to shut down the space. Archbishop Philip Nama, president of the Ghana Catholic Bishopsconference quickly echoed the stands on local television. This practice is completely foreign to our Ghanaian culture. And the law should be friend and such a way that It is punishable in a very
Witness breaks down in tears watching George Floyd police video
"Jurors are spending a third day hearing witnesses testify in the trial of a former Minneapolis police officer facing murder and manslaughter charges. For George Floyd's death Last year, they've heard testimony about the convenience store where Floyd allegedly used the counterfeit $20 bill to buy cigarettes, which led to his ill fated arrest by Derrick Show Vin and other police officers. Christopher Belfry says he was sitting in a parked car outside Cup foods. I heard him actually him, T O. Let me see your hand. He's saying, please. Something about being shot or something before. Please don't something like that. And at that time, that's when I heard the sirens pulling up and pulling him out on. That's when I went to back up and turn around. The defendant maintains he was following policing protocols in his treatment of Floyd. White police officer was captured on video pressing his knee on the African American man's neck for nearly nine minutes, despite Floyd's police that he could not breathe. They've just played that recording in court. Another eyewitness, Charles McMillan, broke down in tears and recess was called. Mr Macmillan is now back on the stand.
Biden judicial nominees represent diverse professional backgrounds, identities
"Announced his first slate of judicial nominees, making clear he intends to fulfill his campaign pledge Ray more diverse federal bench. NPR's Nina Totenberg explains. Nine of the 11 nominees are women and nine are people of color. The nominees are also far more diverse in their professional experience, their public defenders as well as prosecutors with long experience in both civil and criminal law practice here in Washington, the president named Catan, G. Brown, Jackson and African American Trial Court Judge You feel the appeals court seat vacated by Attorney General Merrick Garland. She was on President Obama short list for the Supreme Court in 2016 and is often mentioned now as a contender should a vacancy occur. Nina Totenberg. NPR NEWS Washington Less than a
First cases of South African COVID-19 variant detected in Arizona
"Arizona is now allowing classes of up to 100 people to meet on campus gatherings of 50 people outdoors or 25. People indoors are also allowed. But officials are warning that a new variant of the corona virus has been detected on campus, so testing and face masks will continue to be required. And a new
Inside The Dallas Mavericks Roller Coaster Season
"Today. the tim kato on why. The mavericks have had such a roller coaster season but why they shouldn't be underestimated. They still have luka doncic. And if you're in a series and have the best player on the court and luca dodgers certainly has that ability. You always have a chance to win. The i'm under scotto. It's tuesday march thirtieth and this is the lead it felt like something great african emotion. Another past because you m seen. This isn't a story rear every the app athol it stays with you him. I wanted to start the story back in august of twenty twenty when luka doncic hit that epic game winning shot against the clippers. Down in the bubble i. Can you just help us relive that moment. Yeah lucas going to have so many moments in his career and if there was a first one there was one moment where you know. He put himself on that stage. You've got to play to make right now. This team wants a chance to win this ball game and say this is what i can do. This is the type of shots. I hit back to dodge dodgers pulls up three pointer. Good wins the game at the buzzer. Shot like this go back. All the way to his european career and even his rookie season with the mavericks. He was a clutch shot hitter. But you know to to hit a game winning. Walk off the floor. Layoff buzzer beater. That's something different starches. Masterpiece is complete. The mavs ended up losing that series to the clippers. But is it fair to say that. With the way that luca and the mavs played in that series that there was a new sense of excitement and possibility around this team. Coming into twenty twenty one. Yeah i think there was absolutely excitement that was generated from luca hitting the shot see did in having the season he
"african" Discussed on African Tech Roundup
"But things that happen things change and the as long as these problems in the world they are solutions and if the solution you can sell that solution that's what I love about. South Africa's much is this so many issues that means there's so many opportunities So we offer them look at solutions. That's that's my co founder. Thomas plays cuddly. I keep saying to me. We have solutions based not You don't get the problems. Recognize the problem and sit down. We discussed the solution together. So did you feel some kind of way when pay you was invited to be part of the Labor network and they will I distribution partners so I didn't know that so they. They resell brought under them so if they get in we get ourselves all of our partners so you guys take Nikki. Part of the Lebron Network. I guess like Nick Lee but but not really well. That doesn't mean much right now. I have to be honest. Y- look we. We were in Amsterdam as well. We met with the AIDS. They as well a they were looking. Don't give too much information on the air but yeah we we in talks with them We we we've been into the I think you're right to be careful because I know definitely. They hit a policy listens to the show. I really genuinely did not know that I it was. I was actually thinking I was going to be a doozy question on some. I did wonder what other people who had been left out of. The initial nitwits weren't invited to the table. I wondered what they were thinking secretly. And it's interesting because I thought you'd be one of those people to be like well. We fought some kind of way but here you are at the table by proxy via pay. You who knew I think we sitting outside in the in the waiting way and people are dining inside. But I mean it's you're holding the coats holding the Costa but listen. It's been an incredible show. I've learned so much having you both on and I want us to end with something. That's literally cropped up in the last forty eight hours or so. The news that there's a bill that the House of Democrats want to float to Congress as a way forward to basically solve for this disaster that has befallen the world and a stimulus package which among other things includes their hope for the creation of Digital Dala and the establishment of digital wallets. I read an article by Jason Brits in Forbes Magazine Detailing this you with taking we'll put it in the show notes as well. I wonder what you guys think about the Times. We're in and how the world's never going to be the same in ways that just two weeks ago we could not have contemplated in what. What are you guys? Envisage well economically for one dealer we seeing the US do what they always do. In Times of economic crisis which is print more money? And this time we're going into multiples of trillions of dollars that are being printed so it's the central banking system doing what they always do which is devalued currency and betrayed public. Trust at happened in two thousand nine and it's happening now again. Central banks do a lot of things right. They also did our things wrong. But fundamentally the ability for the US just print as much money as at one point. I mean we literally had senators this week. Touting the American people have infinity money. Of course they do. They can print as much as they want. The world's reserve currency so they're ramifications of this economically are going to be a massive luckily in South Africa. We've been smart and we've gotten ahead of the curve emulated. What's been happening South Korea? We're going to weather the storm but except we don't have as robust a healthcare service as South Korea does but I'm hoping we'LL WE'LL SOLVE. Well that's interesting. We've actually got more hospital beds per capita than the United States. Does we've got more ventilators per capita than most of Europe so actually. I don't think we are too badly on that front. What I hate though. Is this narrative that people have where they think? The discussion is between staying at home and ruining the economy or risking getting sick and saving the economy and overlooking the massive economic impact the disaster. That'll happen if millions of people get sick and die especially if the virus gets out there and to the poorest of the poor in Africa and we start to see social disruption. Looting BORDERS BEING SWAMPED. Like what the economic impact of that be. It would be you know. Multiple is worse than staying home for a month and economic impact of that which is going to be bad but not anywhere near as bad as the impact of millions of people. Getting sick and dying. So you know I think we starting to wake up to some realities. I think this is a good dress rehearsal for a real pandemic. I'm not saying that. Covert nine hundred isn't a real pandemic but you can imagine another bug breaking out. That is much more intractable. Transmission rates are much worse than that has a higher mortality rate. And what would happen then so. I think it's good that we catching a wakeup call. About how serious. These things are. And how ill-prepared we offer them in so many ways and then we seeing some positive things as well like this next month is going to be fantastic for the environment. They list planes in the sky while the digital dollars ridiculous because ninety nine percent of already digital so it's a meaningless statement lack. Us Now they're going to have a wallet so that they can come and fit your dollars out of your can't directly but they've already digital so I don't know what they mean by that also of course these digital Darla presumably Africa's going to be offered by way of aids to mop up all the four loud for for not responding in time. Look again as you said. I'm a pathological optimists. I see a lot of two coming out of this. It's going to be a brutal time. It's going to be a very difficult time. A lot of people are going to get sick. Most of us are going to get this virus. That's just a reality. Hopefully we'll have vaccine soon. It citra but I think it's teaching us again about how connected the world is how much we off. We are when we work together instead of driving. Wedges between us it's teaching entire generations about the power of the Internet like seeing my parents transform their businesses using zoom and slack. All the tools we've been using for the last five to ten years and going. Wow this really works and hey I can hang out with my friends overseas and have a drink over the internet. Isn't that cool you know. Socially it's changing so much and I think society they're going to be a lot of positives coming out of this but it's going to be a very difficult. I I'm just standing here. Sort of postulating participating not being economist sociologist epidemiologist virologist anybody who had qualified to speak on. This hopeless optimist. At that'll that'll suffice man. That's me but do you know it's interesting as you were talking. I was just thinking. Mitch I mean lots of research have appeared the buddy of mine who who actually did Some research into just how different South African adoption habits around digital money is relative to other African markets? And he's not alone. There's quite a few studies here and there there's also anecdotal evidence to show that South Africa hasn't been the most receptive to mobile money to the use of cards necessarily or anything that isn't frankie cash. And you indicated that the top of the show that you guys are seeing a massive uptick in your business and I just wonder what the landscape might look like in the South Africa way. You know just digital payments are literally for everybody not just people with jobs not just people with smartphones. Or who understand how to work widen and I imagine you relish that prospect. Because it's going to be great for Your Business. But what does that world look like as a result of all of this? I mean I did leave. I'll one guy but I guess I can. I can mention this name Because he's finished the first buffalo series the GEICO. Frontal Cooper is ex deputy governor of a South African Reserve Bank and he's he's invested no company so that name draw he's is he always radical. Because we always have these debates and I don't believe gold or anything. I don't believe economies are based on economies at the moment you're GonNa have more data in the world and the is money in the world. Will we get a bottle from aliens? You know so. I think it's just the system that's now failed somewhat ninety three key to make it work. Somehow I feel like a. Bitcoin is probably a bitter cold. Makes more sense to me right now. But he's he's mentioned about having a digital currency within South Africa and that the the South African Reserve Bank as thought about it and technically. It's very easy to implement but the security aspect of it is what they were about at the moment to steal actual gas. You after put on your mask and go into the bank and tell everybody to stick their hands up and get their cash and run out with the notes but now you can just you know hack into a system and get it in transfer it somewhere else. That's he says is the worry about going into it fully digital system me and within a country but if you look at what. India did like one day. They just said everybody nomo paper money. You know the McQueen's it won't work tomorrow. That transition was a massive thing and it was a surprise. I don't know if you can kinda prepare people for your after. Surprise them to give him the shock and that's why they've ATM. The rise with are now in Lagos for instance the cash. The new notes was surprisingly enough. But I did get it all note. It looks like an old goblet. It's healthy to have the stuff going around. So the is the same goal gashes king and I've seen a few articles. Were in this last week. That said could the king you know. Step Down Now. Especially if the king is found to be like conjugate of this straighted virus and the most ridiculous backward thing to promote its circulation. So yeah so I mean I do believe that again it comes down to the Galatian. No Fun take no bank and do this on their own. The government must decide. The president is going to have to keep us waiting for two hours before he steps out again and says a we are now going digital but yes discipline is as he can. Sit US off for this. Because what's going to happen. Is People are going to start withdrawing all the money in something graceful APP see surprise everybody switch switch. Yo will just like that and some people win. Some people will lose but the thing is we'll switch over and then cash stylized like that Allah India and so. I think it's going to be a really interesting time to be in Fintech. So if you if you'll permit me guys I'll I'll definitely be in touch with you guys to hear that things are going down different. Hopefully we have. Oh Hey that would be a thing man listens. I wonder what your take on this whole Cova? Dhs Nineteen situation is in your part of the world and you're part of the continent also thinking about the potential impacts it might have on the financial services status quo. We've all come to accept the way things are and this whole new wave a Fintech. That is changing things up and now everybody needing to Shimmy Duck. And we've in the light of what is the most unprecedented pandemics of modern. History is going to be a fascinating couple of years and I don't want to make light of all the suffering that's accompanying this trend. So is not jovial vibes. You sensing it's really hopeful vibes for what could be hopefully some good to come out of a really bad situation. Tell us what you think. Please draw the line. We're on social. Find US on twitter at African roundup also at African roundup on Instagram. You can reach us on facebook. Facebook DOT Com African. Take Round Up. We'll drop us an email. Hello at African take roundup dot com is the email address. We'd read enough to hear how what you make of everything we've discussed Disagree if you must. We love to hear any contrarian views. Perhaps there's things that you've said that have spurred you into action in some meaningful way. We'd love to hear about that. I must thank.
"african" Discussed on African Tech Roundup
"This is one of those things that either goes ridiculously, well terribly bad. We have phones that work quite well. Yeah. What will these phones do differently? Let's pretend that we're one country where the Africans as collective have developed that point where they all have a collective pride in themselves, and what the continent office vying to brand made and what does made in Africa. Can mean what bit of it? I know the African Union is created a lovely idea around a unified market, but should lead to cross border trade and development will say let's hopefully they'll give everybody visas to see each other without any hassle lines so made in Africa telephones. Yeah, I don't know I brand with buying into here is that the idea that we're bringing manufacturing jobs too to the continent. How much of the manufacturing? Do we own will the Christians should we ask should decipher can should south? Africa regulators, lawmakers run these ones how many how much of this should interest when they chat with. Sheesh. Like, what are you actually bringing here for how long house license and gonna work? Are you making the phones on the continent from the raw materials that come from our soil versus usual play riches? You lock come in mine. Army sources will let you take out taxes involved. Thank you so much now, send it back to us. Finished. Now if. Premium if we should circuit that then I think the Mara fans agree, we thing and hope it's one of many if it is a partnership with existing brands, and it's really almost like an app on a phone. I don't know we have phones was it. A hundred one one thing that Africans have more funds than toothbrushes. Correct. Did you meet? Pathetic. I hope it's not true. That's really said because some people have to threes knee. Love folks. Bring on the dentists. But here's the thing though. I suppose, you know, there's the play that transient transient trenchant transient. I dunno depending on you pronounce it. Yeah. Yeah. So the guys own take no brands, of course, doing so great, and they're sort of digital domination plan for the continent way. They wanna own hard way, they own the version of Android put on the phones, they own own apps that model great model is that the plan is that what is getting our countries interested in in a she's idea is that the the idea that listen, if you own the handsets you own the customer, and it's a data play that, you know, we want to keep even though we tend to be think some reports say African adoption can be very sticky once that loyalty as maybe he's banking on that as opposed. Here's the question to you listeners. Give us a sense of you know, what you're feeling what is what is made in Africa say to you. What does it communicate to you? What do you think it should communicate? What do you think? Currently doesn't what. Do you think it should? And certainly if you're using a mate and Africa consumer device. I'm speaking to anyone who's you current using everyone, perhaps you are a my phone user in in days paused dipping summit of gone. So if you've used it, what was your experience, and what was was anything beyond sort of the the utility of buying a phone that you bought into that unique. We want to hear from you tweet us at African roundup, send us opposed at Facebook dot com forward slash African take roundup all Email us via Hello at African take round up. The. Now with had some interesting upbeat numbers to get us started not some issues at on so nice to talk about. So it's it's Tanzania verses the journalists, so we'll start the we've seen this coming..
"african" Discussed on African Tech Roundup
"Raise raise is a founding member of the African digital acid framework will ADA for short aid Atef is the first open source software platform to create transnational standards for digital assets and distributed ledger technologies in line with pan African development objectives. Adolf and tends to complement the African Union. Single Africa digital marketing initiative which seeks to stimulate digitized pan African economic integration. Graze along with Kotani and Alba dot one of proud to be coach Steve in and supporters of the African digital acid framework. To find out more and to get involved with this groundbreaking open source initiative was Atef dot IO. That's a D A F dot IO. And now back to the conversation. I'm just thinking, you know, even in terms of say modeling cost modeling for for for public health is that anyone in that governments onto the position. Even when the funds a prisons to means a prison. Good healthcare, for example, education because they don't have the ability to take a look at how assets up performing in that space number one. What happens to them? They can't add a to figure out what happens when we model it further spin out. So they create these fifty year plans, and based literally on conjecture, you also just I suppose by accident. She had in some way, the argument for policy makers to buy into this process because I know that a lot of policymakers lawmakers politicians in general think of any initiatives around this crowd, sourcing consensus around standards and frameworks they think of that as actually undermining their their role in governor Tate what to be things like amid talking about again digital assets. And I'll on the individuals themselves for this compo. It's very difficult to know how much somebody's net worth is. However, just. The other day. I read that the government of Finland makes everybody's tax codes available to everybody in a public ledger years ago before there was a van Damme Marvin, and I tried to create a pledge fund by we would be able to extrapolate people's worth in order to figure out how to do a private equity investment that didn't necessarily have capital in it immediately. But was based on people committing to invest in an opportunity or a set of opportunities in a portfolio there were no reckless that we could find to prove how much people were worth to say how much the market was with how many people would want to put their disposable income in that. They were now let's take a look at young rappers in Africa right now and musicians those who have ringtones downloaded as about. He was time for his calculating. How many they have on that his building their well based on the those who have them you. Music downloaded only those who have videos that they've home-made and put out the they have a digital footprint. And if you ask them how much is your worth gun to be over the next couple of years based on where you are. Now, it's not calculated, but somebody has to architect how we develop the worth around these things. What's the value of it and haunt and harness that information to make decisions that basically promote the economic good? There are so many ways in which to figure out how wealthy something is both tangibly and intangibly and all of the matter and the four is going to be meaningful. It's going to change. How accounting is done. It's gonna change how records kept it's going to do for long. And I've often said are we ready? You ask the question of this conversation the world cannot afford for African not to be ready. That's going to be a massive Bill to write for the inefficiences. That was spill out of our borders into the rest of the world row trying to interact independently over virtual networks. So as an active entrepreneur, founder, what's your filter for maintaining sort of pragmatic outlook because you have to run a business, but also working towards a future that will will not really fall isn't here yet. It's like, how do you how do you balance those two things or maybe they're the same thing for you? I don't know we built up this from a solution standpoint had to teach our staff how to sell solutions and not keep on defining the problem when you build solutions that were may produce other secondary opportunities sometimes so we have to build up business balanced, Don being bold enough to have a vision for where we are going to be..
"african" Discussed on African Tech Roundup
"So visit relates to the intellectual property and the digital assets of all of these individuals that we serve banks have yet to figure out that the data will become as important as the customer. The customer is the convert to the data they've data inherent in the human being that opens a Bank account with you and begins interacted cross your platform to conduct business African banks need to figure out how that works, but they're still kind of read a mentoring, and that's hard. And what do you make off African citizens who onto way all of this is going on? So let's look porta says competitive advantage one of my favorite books from back in the day. They will have to be an extreme. Let's say swing to the right for people to join us in the middle. So there's the earlier doctors who get it. But then not your market Shifter's. They're just market markers. And then you'll have those people who start to see where things are going and how it was. And then they would jump in at the safest end of the pool. The individuals who are early adopters will be the ones to explain to people why they ought to do something. I heard beautiful comment the other day, but somebody said the idea of blockchain digital assets and anything else will become easily adoptable when it African understands. What relationship it has to eating food. So. Context you have to bring things down to why should you care? Now, not everywhere has got data protective rights. So some people don't understand that they themselves have value within this greater constructs. And wouldn't know what to protect our why the might not want. You look inside their let the might not want, you know, and how much money they've gotten to. But they certainly don't want you to know how much taxes they ought to be paying at that level. They get that. But when they begin to see the value to homegrown African vendors of products and services who need and desire them and create an environment. Where this two way street of I do something for you. You do something to me give me your data. And I'll provide you with a tool. Gimme your data. And I'll give you easy access to a product..
"african" Discussed on African Tech Roundup
"Years where we were not producing value creating an innovating things inventing things selling it to the wool. There has been a good five hundred years where things that can happen. So we've missed the momentum of the arm that could be quantified in some ways in April staggering, it might be similar arithmetic being applied, certainly algebra. I mean, we'll complex to to the thinking behind behind the the recently launched African digital asset anymore. I think in promoting the story of what's possible. If we start to collaborate on standards and a framework based on the opportunity cost of not harnessing, what makes us great as a continent in Our our. greatest asset being and greatest assets being IP. Yes, we have the the resources. Yes. And you know, we have you know, amazing farm. Greatest resource are the number of mines besides I will in the ground resources. There are these one point two billion human beings all of these individual brains are capable of answering the need to innovate. Whether it is personally in a group in their villages in that city's whatever the case may, and I always say twenty fifty you're going to have one third of the world's population living on the African continent. If all of those brains and mind were prime does a pump to produce digital assets of one form shape. Another even if they themselves as a digital character online, which we counted we are worth heckuva lot. There is a need to create rain fences around all of these with gateways for how we control interaction across these different platforms. The human beings is where I keep on coming back to because you can't really uncouple social there's either. You're inputting it or receiving it being affected by it impacted by derailed by there are human beings at play here. Our continent stands in a place where it can either. Go really really well, not so well, right. So you have this unique privilege of having a front-row seat to how legacy institutions are facing up to the democratizing of what they've so fine -joyed enjoying the of areas in systems as like a say holders where they had no precedent to put them in check or to push them to do better. Essentially, in many cases, this is celebrate. And now we celebrate unicorns, right? Different potato potato incumbents and newcomers. So then given what Obama has done and is doing in the space, and given how a lot of the people you're looking to both collaborate with an do business with would raw the impure economic terms. Not have you in the picture. I mean in in real terms, it's just it's a lot easier to do things the way things are being done. Certainly. I mean without interesting aspirational types like you trying to bust in on the party. So given all that like, what do you make of the reality? We should expect as as we sort of act on the aspiration to bust in on the penthouse floor. So we've got a glossy innings to crack busting in on the penthouse floor. Interrupting the all boys disco network. There's a whole bunch of different things. And it needs us to believe that we're all locked inside boxes or inside rooms or inside elevators or stuck on ladders. Right. So if I were to on my evangelist hat, I see number as both enabler and disruptor, we've got us in a situation where as I've been I've said before we could break into the banks, and we can help them to become better problem is the banks have human beings in them whose positions are incredibly vaulted at highly protected. Banks are not designed to innovate bowl to change. They are ancient bastions of trust and control. So they don't know how to distribution share power, and they will protect that forever. Now, we can come in and say, we're going to help you to get some new tools, so that you can get more of the people that you want, but within the risk context of Africa. That's a very difficult story to tell or we can come in and say, we're going to keep on taking customers from you. Because you're in the situation where this goes for many contacts, you're not allowing for the under banked on banked unserved. To climb the ladder to crack through these seeming prosperity to become a different type of customer fee because you don't know how to manage risk or graduate people to those levels most got that their blindfolds on..
"african" Discussed on African Tech Roundup
"So valuable end user product is essentially like transported to us through the conduit of the internet. So in a sense, we've combined communication with transportation in a valuable end user service. So essentially, it's the telegram meets the train which is now in our rooms, which is weird. But it's also so here's the thing though. I think one of the nasty legacies of this. This whole thing is. Certainly within the context of African continent win one things about these enabling institutions these enabling developments, infrastructurally control was Cindy, centralized control over them, their commercial exploitation who got to benefit when and to what extent all of these things seemed centralized in in quite a few people who controlled these entities who financed them who wielded political power over how they should. They ought to be used. And I think that's the weird legacy will inheriting. And that's where I get I start to get dissonance. What do you make of that? Okay. Well, so at this point, it's we can draw an exact parallel to what you're saying to the current situation on the African continent, especially with regards to information access. So with dot AC says, we've got submarine cables that at various points along the African coast and most of these institutions are either privately funded. By some South African companies. Okay. Very few of this is is by the state for the state. Within the interest of a nation. So so this is where I wanna make that leap and jumped out of this classical sense of of of infrastructure, and and step exactly into Zondi set tries to do. So we propose that sort Africa launch own and operate. There. I leave. I use station reset light solution for internet bandwidth. So in that sense. It is a state asset which is partly owned and operated by the African government with sort African interests in mind, give us a sense of why if I were Mt and listening to that proposal, I instantly have a problem. So think MTN think utilize set we had the c o of their sub Saharan business on on the show quite recently in give me a sense of why paps even the folks that convergence partners who are invested in c- com. You know, and who have it can be argued leveraged, the free markets to create a a lot of value for everyday citizens of South Africa and other places. Give me a sense of what you think their arguments against what you've just proposed might be. I fundamentally believe that it's not against them. So so I want to address two separate entities. So when I'm looking at Seacombe, I we actually have a meeting set up with them. So we have an established relationship, and it's in fact, a supplementary environment as we end dissipate, consumer growth and demand for the band with increases. It's inevitable that there needs to be auxiliary supplementary services to to pick up the slack. Ultimately, the internet is a big mesh network. So if you can if you can shorten the path or facilitate the transfer easily then that plays into exactly they mock it, so it's it's a zero-sum game with regards to Seacombe if the dream were to occur immediately, which is ninety to ninety nine percents internet penetration across the African continent at affordable rates accesses, totally democratize on the internet..
"african" Discussed on African Tech Roundup
"And other another stakeholders within our ecosystem. Position to decide. What works best for their context. Given what everyone else seems to be interested in doing and as oppose the idea of consensus is key in the sense that if the outcome you're in favor of is being able to for example, trade tokens freely across the entire length of breath of of Africa. You would need to be quite interested in what matters to Egypt. What's working in Chad? Or what's the small ones? What is totally off the table and Kenya. For example. I am I right. And thinking about this that way, you totally correct. So you entirely, correct. One good example, again is digital identity. One of the first standards. We are working with the community on his Creighton digital. I'd any standards that is built to be pan. African so eight rule is an organization is to support and maintain this platform, but has meant to be infrastructure for anybody to build and contribute to and the second role is that it's a research and development organization. So we contribute to research in St.. Research and and things that are built for us by us so for digital identity. Let's say that there's a technological and et cetera regulatory standards for delight. I need it takes into account regional trade economic tools, and they take unto pan African cultures in history. Let's say there's a source code. So there's a base code that is the technical standards that are built to be interoperable between continents sorry countries on African continent. Excuse me, when I'm in Egypt or Ghana, South Africa, and those different governments taken customize that source code to build identity management systems. Even though it's customized customize their local rules and customs and regulations the source Coon is still meant to be pan African which means by virtue of customizing rules, hopefully, they would still be interoperable between different nations, which means if I ever delayed entity built with that was code and protocol I can move between Egypt, South Africa and Kenya. Even if the rules. Customized because they've been built with the same source code. That's been built by the community. That's been built to be pan-african with pan African based research. Hey, listen, fellows, I have to tell you. I like this. I really do. Like now, I'm not naive to the to the challenges here. I imagine you guys are going to have to propose and find solve for you know, how to resource, you know, an idea this big sustainably, I can already start to see, you know, disagreements starting to form around what's working here. I can see the various existing agencies and organizations and institutions on our continent butting heads or supremacy around, you know, who gets the shot the loudest and and pats not being quite comfortable with the notion of sharing an equal footing with pretty much every stakeholder regardless how big oil resource, they might be..
"african" Discussed on African Tech Roundup
"And then that person there can sell it back to someone in Ghana if they wanted to distribute upon African economies we created as a definition specifically to denote idea that pan African trade is not necessarily only between the African continent and his diet for it's also between a diet for and between the continent. So we read the paper, we talk about Andrew continental trade and between Africa and stas for as well as trade among the diaspora because at a ready exist remittances from North America and Europe to the criminal Latin America was seventy billion dollars. That's more medicines that came to the African continent last year, that's a lot of trade and those people in in North America Europe, Latin American in also just as similar as someone in the Bahamas and Kenya culturally and historically. Gotcha. So we've addressed I think quite. Defensively the two pillars. The notion of digital trade networks as you guys have point them the idea of distributed pan African economies again as coin them. Let's talk about now the practical application of what you've call the African digital asset framework. What is your visit here guys? Whereas it housed who's involved. Well, how is it resource in terms of output? What what what should we expect? What should we hope? What should we demand that? African Lhasa firm is going to be for now an online repository where any company any person can come and present standard for distribution logistic analogies and digital assets. So you can come to the platform and create a two page document. That says these are the guidelines are company wants to buy buy when we release product for digitize healthcare records, these are the things we're going to maintain this is all consumers. We're going to hold their own healthcare records is that we built application his the code people can participate in and then the way it's meant to work. Is that people can then say, okay, cool. I really liked that standard lemme adopted and customize it to my situation and healthcare industry in Ghana. So the idea is to create a repository of standards that people can then take adapt and customize their local situations and African people at what level do you mean people like define people in those context Nassau in the paper will use the word people's, and the definition we have to that is for anybody consumers, policymakers entrepreneurs public private sector anybody that has a stake in that example, as gave and the health care industry can participate in creating those standards and adopting those standards. So we obviously the first vertical in the first groups of people, we talk it people in the distribution alleged technology space who have companies as well as regulators. I saw two primary focuses because that's where the most urgency is needed right now, we need startups who actually billons technology and entrepreneurs in the private sector and aunt enterprises. We need them to work directly with regulators and regulars to work directly with them because that is the most urgent need right now. But eventually the goal is to have. Anybody with a mobile connection to participate in the standards? So one day I could have a company that built a digitize healthcare application for today's healthcare records and someone who used those records in a rural community off the coast of Kenya can use their mobile phone access to African to Las framework application and provide comments or feedback on why the standard or application and not work for them. And hopefully, the application will be tweaked to take into account that person participate in those standards. Yeah. So you in visit something like good habits like in what in what ways might get happy a good parallel in terms of the functionality of the platform. And what ways might have. It's a perfect analogy. I think we even like mention it in the paper like we literally imagine this as a get hub for technological and regulatory standards for distributed ledger. Technologies the way in which it will be limited and dealin us. Agree question is that creatine standard is a very touchy subject. You don't want people creating standards at a. Angela and you don't want people imposing standards because they have more power than others. You need to have a mechanism that incentivizes people to contribute could information. And this is people from countries in bad information. The entire distributed ledger technology spaces built on and centralizing. Good behavior and incentivize them, bad behavior that the rob with crowds was thing regulation or framework material. Right. And that's a big problem..
"african" Discussed on African Tech Roundup
"What do you guys think? ES, and no there's so I spent a little time spent a decade in Canada as as a law student in a lawyer, and I worked in Lauder different communities. There could tell you that the dire sport community is doing extremely well fits of like people on well positions people doing well. There's obviously a population of people that are not. But there's a lot of strengthen dies for in in in North America and Europe. But at the same time, there's a lotta strengthen dyers for in countries like the Bahamas and Haiti there's a lot of economic trading activity to happens in those countries in Latin America and on African cone on and Asia. This does enough economic wealth to go around for sure. So the barriers that exist in develop. Countries where the dice for music will be a barrier to trade for sure for a number of reasons like the ones you just said, but also between to increase trade between countries like us, the Caribbean in particular. My region and Latin America absolutely has to do this. Because trade economic partners around the world are not off ever right now. So we don't create digital bridges for trade with a continent. Like africa. We're gonna time and at the same time in my country and just as countries in our region. There's a lot of economic wealth can be shared. We are dis for selves of the African continent. Just like someone and Canada's a diet for about betas Trinidad on garner. We also dies for. And there's a lot of economic wealth be happened between those networks, so we almost see it as almost like imagine an asset moving from Kenya. To South Africa to someone in the Bahamas to Canada and back to Ghana literally trade networks that move between these regions and not necessarily only between Canada and gonna they move between these networks where you can have the last sets that move when we say district on. So I I get you so entering Africa trades, and then in traffic trade within the context of the data wherever they are in the world. Exactly. So let me give you any tangible example. So so give you tons of like example. So I could be in my country in the Bahamas and through my mobile phone, using distributed ledger technology software, I could invest securely in real estate and on Gola the money. Let's say make ten dollars from that. And I hold a delay set that represents my ownership in this real estate development and Gola someone and. Canada. Who's a member of the dies Bora from let's say Bob ATO's, originally can buy that asset which means that they make a gain on that angle in real estate originally..
"african" Discussed on African Tech Roundup
"But most importantly, would those there's a lasts represent within the context of regional trade networks which exists to create an economic prosperity for peoples of Africa and African nations unless directly quoted from the constitution Raffarin union African nations and peoples of Africa, which means that everything the African Union does whether it says it or not in the constitution in the heart of the African Union and regional organizations is idea that peoples of Africa and African nations can be ecconomic the United. So if you take those tools and those structures institutions and Bill technology into them on top of them. You have the legal basis for trade across distribution pan African economies around the world, and it is a paper that was born out of a need, really. Because as as Martinez mentioned after the but event we had a meeting with. Several organizations in the space in the digital asset space, and we realized that most of these organizations are facing issues to do with regulation issues to do kind of organizations. Are we talking about Felix? So you don't go blockchain startups, everyone from payments to people trying to build health data on blockchain technology all of them are confident. So we realized we sort of like face the same problems around regulation development training, and so on and there was a need to develop standards and share these standards with governments all across Africa and beyond Africa into the dashboard and see if then we can be able to build up enough ligon digital economy that allows by exchange rate after he spoke to those kind of companies we realized that a lot of different governments communities had not yet created frameworks. And we didn't see it as a problem. We saw it as an opportunity the opportunity was to. Great resources that they could just take that resources though, highly research, and specifically developed with pan-african thought theory, economic communities and cultures in mind. I think it just taken a Dopp to their situation. So an opportunity to unite those governments as opposed to divide them. So guys, I have a question. I mean when one thing so like economics wanna one when you think of capitalism is not built on the notion of sort of exploiting inefficiency, you guys. Introducing a story that in my view puts forward a very efficient, upstanding idea of how to turn Africa into a hyper functional there's economy given that. I mean, what are your thoughts in terms of some of the challenges you might expect from various quarters who I have come to. Appreciate the rather chaotic status quo. That's exists in many parts of the continent. It's a good question. Having read the white paper. Without trying very hard. I can think of at least a handful of very powerful people and institutions and organizations around the world who might not be entirely invested in that reality becoming coming true. Yes, we will conscious of the reality taio drafted pay and even on this podcast. So that's that's a reality. And we can't do anything to release that. And we can do is create opportunities that allow people to have access to opportunities because they haven't had access to opportunities. Those opportunities exist and fully capable of taking them. But they haven't been made available because of the structures and economic and legal structures that have been built for us. So is that reality, but we have another reality like Felix at earlier in the show..
"african" Discussed on African Tech Roundup
"So what do you guys say to globalist who say, listen all the predictions, you're making about Africa's future and what it'll need. And what does it matter way, the innovation or the ideas, or in fact, the economic potential ensuring vets Africa and the rest of the walled succeed. What what does it matter where it comes from? I mean, if the idea comes from or continues to come from the western world of a global north what's wrong with. That. I mean, surely, we shouldn't be encouraging something that almost sounds like at its worst populist idea that makes Africans think for and by themselves, you know, at the expense possibly of the rest of the world. Yeah. Everytime. You mentioned we're every time people mentioned a word pan, African they think that has meant shutoff pan African committees from ROY. So we're less absolutely not the case Africa, and the continent is an extremely important part of human history like communities around the world countries around the world societies around the world would not have survived and built themselves. If was Africa so African communities in pan-african trade networks benefit, everybody Justice. They've benefit people Padres pan African trade networks, it doesn't shut out. It's not a color thing is meant to be black or white. It's not meant to be tribal is not meant to be linguistic is all meant to be culturally specific, it's meant to create economic perspective for everybody because Africa has always been an economic engine for the entire world. So having these pan African commune. This is not meant to be shuttered. All populace at all is meant to say, there's an opportunity for pan African communities to expand trade between each other because they can because people only trade and economic Lee when they have cultural similarities makes it easier to trade, you can have a company in Ethiopia produces shirts with designs that will probably sell better at Howard University in America, and they would sell in a community new crane because there's a cultural similarity, so it's not shutting from us at all. When you read the rhetoric of the chairperson Kagama, he's faced this issue all the time. And he says us saying that we can create pan-african trade networks is not shutting ourselves off from the decided this from the outside world quite the opposite. Downside will can benefit from us being a stronger United economic block because other countries do at the European Union is a strong United regional bloc. When it was created. No one said that they were shutting themselves off from the other side of the world. Why should we be? Be seen as that. It's not the case at all. So that's an excellent segue into discussing this white paper. I have right in front of me, the African digital asset framework people's driven standards for distributed pan African economies Marvin Colby and Felix much area. Editors of this document. We're taking a quick break to tell you a little more about the presenting sponsor for the series rays. Now rays is a founding member of the African digital acid framework or aid f short eight f is the first open source software platform to create a transnational standards for digital assets and distributed ledger technologies in line with pan African development objectives eight f and tends to complement the African Union single Africa digital market initiative which seeks to stimulate digitized pan African economic integration. Raise along with Kotani and Alba dot one a proud to be co-trustees in and supporters of the African digital asset framework to find out more and to get involved.
"african" Discussed on African Tech Roundup
"A lot of people automation people are gonna lose jobs, which is going to be is going to be chaos. A lot of different people. There is a pocket that exist that we can create the determined. On destiny. I just rightly said if we don't create that pocket will be significantly. Excel arranging would we go through right now. Which is that a lot of our countries don't control anything related to the internet or digital technologies and economies our data's being siphoned off from countries. Extremely quickly. People don't control it will be putting ourselves even worse than the situation because in fifteen years, the reality is that the fourth and Joshua revolution will bring a lot of paint a lot of people. And if we don't do this. We will bring even more paint all cells when we could have alleviated pain for future generations. If there is an approach that creates a way for pan African communities around the world to trade directly with each other. We would be creating a pocket of change for people. If we don't create that opportunity will be creating a ditch fossils to honest. I it's just economically. We would just be shooting. Ourselves foot. If we create those bonds, we could be significantly transforming the future of African people in generations across entire world. We distribute a network of people of one hundred estimates one hundred forty million people in the dice for definitely probably more. If you night, those people with people in African continent, you create significant economic change for anybody. That is a part of those digital trade networks and not could transform the future of what communities and economies can look like far children Felix. I'm gonna ask you the same question. But I wanted to keep specific to Kenya. What does Kenya? Look like if this discussion ends him, we go. Let's see what happens in fifteen years. What does can you look like, I think he's going to be a bleak future? If don't address these issues almost immediately one of the things, I'm looking at of course is population growth in Africa. We need to create about twenty five million jobs by twenty twenty five. Populations by twenty one hundred if everything goes well will make up forty percents of the world's population. Almost half of the wild will be from Africa of one of the countries. If you don't start thinking about how we can have an brindell in Togo create opportunities for for an employee Kenya. Or on enterpreneur, interns, Aena creates an opportunity for somebody in Chad. We'll be in a little trouble. I think African governments have begun thinking about it. And that's why they came in signed of Africa Frey continental trade area agreement is just that we probably need better, tools and distributed ledger technologies. Better tools when it comes to achieving these particular goals faster because no one is resting in the rest of the world. Everyone wants to conquer Africa. Everyone wants to give us free internet. So that they can. Minority they can Sevilla activties. And so if we don't start setting the right frameworks for Africa is probably going to be a bleaker future than most people imagine. So I think the fusion of the two things was saying is that we face in significant amounts obstacles in the future as well. As an pasta passes rooted in obstacles, but I'll pass is also route an opportunity way before those obstacles existed. So you have two options either we let off circles happen, or we take this opportunity his two options and opportunities, obviously, the better option that we were going to continue fighting for because that's what our generation is inflammation, like the African Union. These regional organisations were created by people who knew that pan African Unity was extremely important to economic prosperity for people that didn't shut off trader outside world. It wasn't meant to be against anybody else. It was meant to unite people who were similar and with scattered around the world when you read the constitutive. Documents of the African Union and African Development Bank, and all these institutions their route, they say they exist for African nations and the peoples of Africa, they created the tools that we can now build on technological age to make those things possible for the first time or governments have a hard time function, and they need help they need up because it's just a new generation we need to support them, and these resources these kind of tools, these technological legal standards created by people can't support them to create policies that help us as people..
"african" Discussed on African Tech Roundup
"So similarly, for example, you can have regulations that are built between different groups companies private and public sector that jurisdiction agnostic that a company in Zimbabwe or regulated in Ghana can take and customize their own situations in their countries and their communities and is nothing wrong with being proprietary. But the idea is that that resource developed to be jurisdiction agnostic if it's customized to Ghana or Jim Bob way is still tied to a jurisdiction agnostic resources created in this case in mind to create economic prosperity for pan African communities. So there's nothing wrong with proprietary like the like quite the opposite. Like people could should still continue to develop signals because they lead innovation like you're saying, but there needs to be open resources that are built by communities of people that want to. Build them to share those resources because that's how digital economies have thrived around the world. We should take the same approach because it works to the point. You're making way we're starting to see many many big brands in the financial services industry and outside of it start to create Blockchain's they own for example, dip, dabble with what they can build on top of things like you theory, for example. And I suppose I I like what you're saying. I think often for traditional thinkers within our sort of social economic spare it's zero-sum game. Because a lot of the rhetoric around digital assets seems to be rooted in a fundamental distrust in governments and institutions and and this desire to see them get disrupted. What have you found Felix around that not necessarily true? So the way I look at the blockchain technology is it's a technology in human evolution. It's just the betterment of the internet. Is not necessarily here to disrupt forces or disrupt governments is just to build a better world for all of us. Is it fair to say, though, Felix that a lot of the ideology you'll find in many a white paper around proposed application within the distributed ledger space is rooted in psalm kind of rhetoric in that in that direction. Yes. In in the sense that most people believe in decentralizing, bonds and governments. And so on I think, that's what is better words for better for worse. Yeah. Folk recurrences stuff, we are telling different story, we're saying you can take these technology, and some of the Carter is six of this technology and actually build something better for everyone. So it's not about disruption all una key or the creation of decentralized governments it's about what can we do with this technology now that we know that we're gonna be able to transfer assets easily twitch? The securely in today's internet. How can we use this technology to build better communities and better societies? I have a follow up question for you Felix. Which is then how do we ensure that the value of these digital assets accrues to the average African citizen global citizen even centra centralized control has delivered mixed results in today's global economy. Right. And so I suppose the fear and some is that as these assets are adopted it wasn't a bad situation. In other words, it will basically enable powerful institutions and enlarge sort of corporates. It will help them centralize consolidate their power over over humanity as opposed to actually hold them to better account. What do you say to them, very good? Very good point. And and I think that's why it's important to have people driven standards because once you have people even standards people can be able to see wealth inequality. They'd be able to see problems in the environment. And. Standards that can be able to level the playing field. So having self regulation of people driven Sanders that then regulators and governments can can hear out over from is very important for Africa. And and for the world. And so what do you say to people who feel that the the horse has bolted that game set and match basically to professional private equity firms, high take early adopters powerful institutions who sort of fenced, you know, these technologies and platforms and a well ahead of continent like Africa that's trying to organize itself and get involved as he had Moore's an opportunity. So the reality is that the are many many countries in pan African communities in Africa, the Caribbean Latin America that have not yet developed very strong digital asset frameworks, which is an opportunity to actually create those framers 'cause he's government at some point will absolutely delay have to develop these..
"african" Discussed on African Tech Roundup
"But what are you observing given given the work you do and given some of the roadblocks you've encountered when I face, I think I'd like people to think of distributed ledger technology, I don't use the word blockchain. So I'll just use distributed ledger. Why is that important to you? Why would we want to be chained in blocks row distributed ledger technology, like a blockchain is actually just a distributed ledger? The invention behind the blockchain is the fact that there's a ledger that's distributed and automatically updated across note of computers, so actually a chain of blocks. So the actual property firm is distributed ledger technology, and at the same time for the African the at framework, we use the concept something called distributed pan African economies idea that you can have a Connie's of pan African communities that share assets resources and economic wealth, and we are distributed people the word diet for originally from the term scattered and scattered means distributed. So we are distributed. People so distributed ledger technology kind of fits with cultural distribution around the world. And phoenix. Why do you think these definitions matter potato potato? I don't know. They clearly do to you guys because you spent a great deal of time over the last several months or so poor. Poring over. What is now a white paper that gives voice to ideas that I've heard Marvin share with me, certainly. But a lot of these conversations be had now reduced to what is thirty seven odd pages worth off ideology and definitions, why is it so important that we that we start to define the staff, and why are the definitions important? I think the divisions are important for one because technology is changing exponentially. So like modern Assayed where we want to be locked in blocks. I mean distributed ledger technology is now evolving so fast. You Leo hush off. You'll have a direct a cycle graphs like out and tangle. So it was very important for us from the beginning to set something that might not be a cake in the next five years when it comes to the finish of pan African Liam owing to stay in communicating that everyone of African descent all of us who have come. Come over offer, descendants share not only a common past but also common destiny so fast has been tough all over the world, not only on the continent and our destiny sort of like tied together. And there's a lot that you can achieve three unity, and he's definitions I'll add to that are very important and delay because this distributed ledger technologies and bitcoin and cryptocurrencies needs to the last set. So just the foundation of the fourth industrial revolution, which we are living through right now. This will literally living through an economic revolution a significant time in human history, and we expect and hope that a lot of people will be looking back at this period of time. Just like we look back to the first second and third revolution to understand how human history and cultures developed, and when people look back at this time, we have to be sure that they look back at the words that we use because the words will define how we think about these technologies. So reviving the idea of pan African ISM pan-africanism at its root is exactly what Felix. Said you have a distributed set of people who can unite and create a common destiny for economic prosperity. And that concept has influenced every single regional organization on the continent and abroad, and we have to revive that term distribution alleged technology is actually what a blockchain is that is like the proper term for it..
"african" Discussed on African Tech Roundup
"I so I moved to Cape Town to I had to put a lab about three years ago. And we launched the lab almost two years to this week ago. And when we were sitting down with the team sort of trying to find what's our mission. What's our vision? Whenever we start anything. I started anything personally, and certainly professionally we come up with this work with my team to come up with a statement that we all sort of that's the goal and in order to come up with that vision statement, we actually we couldn't find the word to describe the African context that we were going to be operating within. And so we actually came up with one and we call it in a positive. We think that the African environment is in a positive, and that means completely and utterly open and ready for innovation and I think. A number of things that sort of drive that it's the mobile only almost environment that we're dealing with here, which is interesting because in the west we talk a lot about mobile first. But what's implicit in? That is that you have multiple other devices so mobile is you might start with mobile, but you've got a tablet you've got a laptop. You've got a big screen TV mobile is one of many was here the mobile context, it's really sort of mobile only, you may have a laptop here and there, but it's far more mobile dominant. So that's one thing that we think is massively interesting in terms of the innovation opportunity as you mentioned all the things you can do with the phone connectivity. And the Pat basically a small computer in your pocket youth. Right. Just how young the continent is. I think is a huge driver of just different thinking of unwillingness to sit still what status quo like all these things creative thinking all youth drive all of that. And I think that's an amazing place to to be innovating and as well. The fact that we have you know, so much here on on the continent arable land and the need globally for World Food and the demand. They're increasing exponentially over the next couple of decades massive opportunity, right? So we were thinking about all these different things together and came up with this term. So I like the reframing of your statement into sort of what is the opportunity that we have here, and what is it about Africa and the uniqueness on the continent that positions us to lead, and or chart our own course, I think is really the way to think about it as we move into the digital future. We're taking a quick break to tell you a little more about the presenting sponsor for the series raise. Our raise is a founding member of the African digital asset framework who aid f- short aid, f is the first open source software platform to create a transnational standards for digital assets and distributed ledger. Technologies in line with pan African development objectives eight hundred tens to complement the African Union single Africa digital market initiative which seeks to stimulate digitized pan-african economic integration. Raise along with Kotani and album dot one approach to be co-trustees in and supporters of the African digital asset framework to find out more and to get involved with this groundbreaking open source initiative. Visit ADA dot IO.
"african" Discussed on African Tech Roundup
"To smallholder farmers by using alternatives sets of data and the more novel approach to risk modeling in order to give those banks the confidence to lend. So that's primarily what we do what we're working on right now as a project, but we spent a lot of our time talking to customers. In the financial services space about what's next and how we might be able to support them as a as a partner. I don't think Thompson Reuters qualifies as a startup not not often being in existence. What nearly a century or more more a hundred and fifty years now? Well, I stand corrected. I stand corrected. Well, that's here's my point the a lot of what you do here. And I'm obviously privy to some if it because I follow you work sounds very much like the typical startup give me a sense of how you know, the work. You do at Thompson is positioned within the context of the greater whole, sure. So we are the innovation lab for the company. And so our mission is really to to think more like a startup right to identify opportunities for the business in partnership with our customers and other thought leaders in the market to make what's missing kind of one of the terms that we use right? We have a wealth of information. And we have really deep domain expertise in financial services. For example. How do we take that in package it up and create products and services that meet very specific needs of the African context? And so that process is probably a lot more like a startup than than some of the other activities that what might do in our traditional business here in innovation lab, we serve all of sub Saharan Africa. We do have a couple of markets that'd be focused on primarily just because Africa's really big and very diverse. And so you can't do everything with such a small team so be focused primarily on Ghana, Nigeria Kenya and Rwanda and obviously South Africa where we're where we're based so Carolina. What's your sense of the interaction between what's happening in the real world, quote, unquote, and what's happening in the world. If I could daimyo my parents being dimick's. I have to trade carefully here. Because I often feel like they might be a sad disconnect between some of the really cutting edge work and thinking that happens within the holes of places like the university of Cape Town at doesn't quite filtered through to the real world. What is your sense of within the scope of your your domain knowledge area of how that exchange is going? So I think the exchange has been stilted like you rightfully say, we often when I say, we speaking about academe IX of thinking, we often just work in silos and speak to each other ridden. Very interesting piece recently that said academy could change the world if they stopped talking to each other, and Sarah speaking to other people, and so I I do think there's a disconnect the disconnect probably has many reasons some maybe just physical, you know, where we're located up. The the foot of the hill distant from everybody else, and others might be peps a bit more nebulous may be culture. I'm not sure. But they are clearly lots of reasons why the connect is not always live and real between academia, and the real world is no mistake in the fact that we've invited you both here because I feel your Representative of two really important pillars of society that have to contribute to this conversation that we're hoping to spark with the series around what constitutes digital assets. What is our role as a continent in contribution to how these assets and the platforms? They sit on our protected, or in fact, serving humanity certainly serving us as a continent. So thank you again for you both being here. But let's start at the let's start with the basics. We have an IP expert here because I'd like us to create a bridge from the the known. On what leads the traditional frameworks around IP around definitions of what constitutes an asset. And then perhaps we'll we'll build towards a bit understanding of what that might mean within a digital economy context. So Carolina, give me a sense of how. An asset is defined in a classical sense..
"african" Discussed on African Tech Roundup
"I'm the founder and managing director choice while welcome to the African tick Rhonda pole great tag to be handy. Thanks. Well, perhaps let's start with a little bit about you. And the journey that leads you here to speak to me about a startup you founded and one that's operating in the payment space. Yeah. I think I'll Jenny's a little bit different to others. We started not within the within a guarantee, but within another company, I was working at a health bridge at the time, we really found need in the doctor market where a lot of the the medical benefits of private benefits inside Africa. What changing and doctors needed to move from just medical insurance claims through to the mechanisms of payments? And we were thinking good timing. And we partnered with a Bank capitec who are really looking just to get into that space. So we put a parked at product extension to our existing business, and we had a little bit of success there. And the idea came out of that to take it out of health care and into the border market because we saw need for independent retailers really to have. Decent fees at a very very good service levels, which they weren't getting from the major banks at the time. I'm going to want us to come back to this. Because the notion of corporate bread innovation is one that interests me, and I think one at a lot of companies across the continent of trying to engineer in some way or form and definitely worth talking about. But tell me a little bit about what show swipe does. So sure why I mean in two thousand eight when we entered the only four banks that could provide merchant services, which is really ability for businesses to accept credit and debit card payments..