In a panel discussion at Aalto University’s 5G Summer School on Thursday, experts from the U.S., Africa and Europe explored the business opportunities that the latest communications and network technology, remote learning, work, and entrepreneurship from Africa can bring to U.S. companies.
These are also opportunities to have a positive impact on African economies. Start North, a Finnish technology accelerator network, hosted the webinar.
One theme was the potential of the 5G Mokki Tech Space network to serve international businesses. The network announced in a May media release how its Tech Spaces will be deployed to link Africa to Europe. This will promote the adoption and learning of technology, remote work and entrepreneurship.
The network promotes education, employment, and economic development in the region. It also targets climate change reduction by using the most recent technology.
Instead of focusing solely on the African-European connections, the discussion centered on the possibility of a Tech Space network that would allow American companies to quickly take advantage of the new opportunities.
This discussion was meant to highlight the numerous benefits and opportunities offered by the 5G Mokki Tech Space network. International companies employ tens or thousands of people each year, and launch hundreds or even thousands of innovative and technological projects every year.
‘Mokki’ is derived from the Finnish word ‘mökki’, meaning ‘cottage’. The cottage is a great place to use fifth-generation (5G), mobile communication technology. Mokki uses previous-generation technologies in areas where 5G networks and frequencies are not yet available.
Mokki is able to provide knowledge and experience in the application of 5G technology in a variety of areas, no matter what the technology used.
Mokki is an important catalyst for developing fixed and 5G networks throughout Africa, even in the most remote areas. Mokkis can be deployed to help accelerate education, work, or other services. Investments in fixed networks, mobile technology, green energy and the latest mobile technology are some of the best ways to develop regions.
International companies have many advantages when they collaborate with the 5G Mokki Tech Space network, as the panel discussed.
Professor Leonard Wantchekon, Princeton University, cited China and Asia, as well as other regions, for examples of countries that have contributed to business growth and productivity over the past decade. Africa, a continent that is well-known for its natural resources as well as its large population, will be the next comparable to Asia in terms of providing businesses with knowledge and other resources.
We have learned from the Covid pandemic how important remote learning, work and entrepreneurship are. New technology can quickly be made available to businesses to help them grow their businesses and encourage regional economic development. This is possible with the 5G Mokki network.
Professor Wantchekon is also the founder of African School of Economics. The school has campuses in Nigeria and Ivory Coast. Students are recruited from more than 20 African nations. 5G Mokki is able to play a vital role in supporting research activities as well as providing cutting-edge teaching materials for students at all campuses.
Professor Marko Nieminen, Aalto University, Finland, stated that the most recent network and communication technology, along with new solutions to energy and electricity, opens up entirely new opportunities for exporting know-how, work, and entrepreneurship even in rural areas. Businesses will benefit from this expertise and other resources.
Professor Nieminen discussed hands-on development projects, such as those in remote villages of Namibia and Zambia. His research team has constructed electricity and energy systems as a well as internet connections. Villages are rapidly moving to a higher level of development.
Aalto University, one of the Start North players, is now using the 5G Mokki network to support research and education in order to accelerate and facilitate development.
Dr. Olatundun Adelegan from Nigeria, currently a Visiting Professor at Aalto University, presented research findings on what is slowing down or hindering Africa’s development. S
He cited infrastructure deficiencies, poor learning outcomes and weak internet connectivity as obstacles to economic growth. Youth unemployment, adverse effects of climate change, financial exclusion, and inadequate education were also mentioned.
She explained that strong information and technology networks will facilitate trade and innovation in education, entrepreneurship, and financial inclusion.
A strong internet and digital tech will also help reduce the adverse impacts of climate change. This includes early warning systems of extreme weather events (floods/storms, heatwaves), increased agriculture yield through digital information on the onset, rainfall, and sensors to monitor soil, plant, and water conditions. It will also minimize post-harvest loss from farm to fork and improve online nomadic education about adaptation techniques to minimize conflicts between farmers and herdsmen due to climate change.
A robust information and technology network will contribute significantly to improving sub-Saharan Africa’s ability to create new business and attract international companies and investors.
Boris Ngala, Founder & CEO of BB Incubator Douala Cameroon, is also one of the cofounders of 5G Mokki Tech Space. Boris spent seven years in foreign countries and returned to his country with a vision to eradicate poverty through technology-driven business solutions, entrepreneurial training and business advice.
He heard about 5G Mokki and its potential to speed up the learning and use of new technology for the region’s youth. So he seized the chance and began to promote a concept that connects African youth to other continents.
As long as they have access to advanced learning environments, technological development, and entrepreneurial opportunities, young people will be hungry for knowledge, work, and entrepreneurship.
Mr. Douglas Ogeto, Co-Founder and CEO of Ludique Works, the Pan-African video game publishing company in Nairobi, Kenya, said: “The 5G Mokki Tech Space network has the enormous potential to serve international and local companies, to provide creative-economy and technology-based jobs and promote entrepreneurship based on the learning of the latest technology and hands-on projects that serve local conditions. Furthermore, this is supported by extensive national and international collaboration with universities and companies.”
He is also the co-founder of 5G Mokki Tech Space. Ludique Works organizes many game development and business acceleration workshops across Africa every year. The 5G Mokki network greatly improves game developer’s business opportunities.
Atte Leskinen is one of the driving forces behind Start North. He was also one of the inventors for the 5G Mokki technology environment and learning environment. 5G Mokki was a concept that young people invented and worked with professionals.
The concept was developed and tested in the early stages of development at leading U.S. universities, including Stanford, UCLA and UC Berkeley. Since then, it has been developed in cooperation and with top universities and companies from Finland and other Nordic nations.
But Mr Leskinen stressed the fact that the Mokki is a tool that can be used to accelerate learning and the application of new technology. The Mokki’s benefits to businesses, youth and sustainable development for the region and the planet are most significant.
Leskinen welcomes cooperation with African universities/business incubators. He invites U.S. companies like Microsoft and universities like Princeton University to use the network in order to promote their operations, global sustainability, and to help them succeed.
Lars Ling, founder and CEO of CleanTech Region Impact Group, moderated the webinar. Ling expressed his interest in the creation of the new education necessary to promote sustainable development throughout the world.
He ended the panel with the notion that all change starts with a change in an individual’s own behavior.