Our vision
… and technology Having identified the companies with disproportionate impact that we want to support, we turn to the industry that will have disproportionate impact. For us, this is clearly technology. Technology is changing the world, and we are still at the beginning of seeing its effects have an unprecedented impact on millions, billions, of people at a speed never reached before. Remember, it took us over 100 years to get to one billion consumers, and less than 10 years to reach a billion smartphone users. In developed markets, we tend to say that technology destroys jobs, but what about jobs that don’t even exist yet? Taking the example of retail: There are fewer retail outlets in APAC than other regions. Currently, the ratio of consumers to retail outlet in the US is 1000 to 1 vs. over 90,000 people for every retail outlet in the APAC region. Trends predict that the solution to balancing the need for more retail options will not necessarily be more retail outlets, but more e-commerce. A
whole economy of solutions will be built around it. Therefore, technology will not only create new types of jobs at an unprecedented speed; it will also give access to (new) services to millions of people. Not only e-commerce, but all sectors and industries, including the very impactful ones of fintech, healthtech, agtech, edtech etc And when we see that the Rwandan government is currently modifying its aerial regulations to allow cargo drones to fly over the city of Kigali, and that blood deliveries via drone are saving lives on a daily basis, it becomes clear that innovation is being spearheaded in these markets as well. The foundations are being laid for the next generation of technology. This book will allow you to meet and understand inspiring, hard working entrepreneurs and impactful uses of technologies across the 5 regions we are active in.
The reality is that soon, 60% of today’s population will be working in jobs that don’t exist yet.
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