03 February 2017
Envir Fraser, Chief Strategy Officer and Principal at Investment company Convergence Partners, spoke at our Annual Tech Round-Up 2017 in Nairobi about the key trends they have observed and what they think 5G means for Afrika. The trends were focused on technology infrastructure mostly. He also touched on the changing models of Data Centers, OTT service providers, FinTech, Bitcoin, Security and Privacy.
Convergence Partners, founded in 2006, is an investment management firm focused on the TMT sector in Africa. Convergence Partners has a proven track record of developing new investment opportunities as well as actively adding value to investments across the life cycle of ICT assets.
5G is the 5th generation mobile networks or 5th generation wireless systems, abbreviated 5G, are the proposed next telecommunications standards beyond the current 4G/IMT-Advanced standards. Rather than faster peak Internet connection speeds, 5G planning aims at higher capacity than current 4G, allowing higher number of mobile broadband users per area unit, and allowing consumption of higher or unlimited data quantities in gigabyte per month and user. This would make it feasible for a large portion of the population to stream high-definition media many hours per day with their mobile devices, when out of reach of Wi-Fi hotspots. 5G research and development also aims at improved support of Device-to-device communication, aiming at lower cost, lower latency than 4G equipment and lower battery consumption, for better implementation of the Internet of things.
iAfrikan Annual Tech Round-Up 2017