US tech restrictions will have far-reaching impact

We urgently need to lower costs and to accelerate technology deployment in Africa. FILE PHOTO | NMG

Day by day, our lives become more digital. We use digital technology in everything from cooking to communications. As the world moves towards smart cities and the internet of things, demand for digital technology is increasing. More companies are bracing themselves for this opportunity and the future will see more collaborations and licensing of technology by various players in the ecosystem.

There are, however, restrictions imposed by the US government that will bring change to the supply chain for technology products. Under the restrictions the focus is more on semi-conductor and software business.

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