Africa’s regulators are smothering its innovators

From: Quartz

Written by Calestous Juma

The birth of mobile money transfer in Kenya has raised optimism about the potential of the continent to leapfrog in other technologies. However, Africa’s mobile technology is starting to look like an exception despite efforts to create start-ups using emerging technologies and platforms such as drones, 3D printing, robots and machine learning.

There are many reasons for the slow pace at which Africa is able to harness the power of emerging technologies and put them to economic use in the same way it did with mobile phones. One of them is the prevalence of regulatory cultures that suppress innovation.

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