How the "Distributed Economy" thesis could revolutionise how we think about Africa's development
The East Africa Business Podcast: African Start ups | Investing | Entrepreneurship | Interviews · samfloy
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Show Notes
This is a slightly different episode of The East Africa Business Podcast where we’ll be covering a thesis around development.
When you consider how countries and societies have spurred economic growth it has all happened through urbanization.
Streams of people moving from rural livelihoods to populate cities where they would find a better life and more opportunities.
Underpinning all this was energy.
Opportunities and wealth are a function of economic productivity and in order to produce more, power is needed to run, say, factories.
Historically this has been generated centrally, in a power station and sent out via the grid.
This has favoured a society built around these central sources of power and hence led to the rise and growth of cities.
Azuri Technologies, however believes that this same path does not need to be taken in Africa