In 2019, it was made clear that blockchain is not just a hype but an exciting innovation that has gained momentum throughout the past couple of years to reach a not so bad level of adoption. New parties and companies have acknowledged it and a few central banks gave their green light even though a majority admits that they’re still trying to understand the technology. Africa’s stance on blockchain is remarkable in the sense that many countries have caught on the trend and are increasingly adopting cryptocurrencies.

Read more: Is 2020 the year of cryptocurrencies in Africa?

The whole world is aware by now of the benefits of artificial intelligence and how it can transform businesses. A report commissioned by Microsoft and conducted by Ernst & Young on AI maturity in the Middle East and Africa region, found that at least 46% of South African companies are piloting artificial intelligence and are showing more and more interest in deploying the new technology.

Read more: South Africa is ready for AI, despite challenges

Revealing 5G technology has enabled operators and suppliers to seek multiple sources of revenue from it. The industry conceptualized new 5G business models and assumed new services fell into three categories: enhanced mobile broadband (eMBB), massive machine-type communications (mMTC), and ultra-reliable and low latency communications (URLLC). Each class creates different demands of bandwidth, latency and intelligence. Enhanced mobile broadband and fixed wireless access will lead the way, but IoT applications and use cases requiring ultra-reliable and low latency communications will be more efficient on 5G networks than on previous generation infrastructure.

Read more: Enlarging the scope of business models with the advent of 5G

One of the keywords in the era of 5G is spectrum. Even though several use cases were developed and are trialed on a daily basis by leading operators and vendors and in spite of the fact that several operators have already launched the service, the issue of spectrum allocation still raises a dilemma. Despite Africa being quite behind in the race to 5G deployment, it has been calling for making spectrum available to expedite the development of the fifth generation technology.

Read more: How spectrum is mandating Africa’s 5G journey

The term ‘digital’ has changed everything the moment it emerged and has become somehow a label. Coupled with different other factors, the world has found itself amid a whole new era built on digital transformation, digital currencies and digital economies. The change that occurred had a significant impact on consumers’ behavior, business operations, government systems, and of course, finance. This is when the concept of a digital tax was born.

Read more: Are economies ready for digital taxes?