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4 High-Tech Industries (and a Really Low-Tech One) That Are Booming With No End In Sight

The beginning of the new year is when the worlds top investors make their predictions of industries to keep an eye on. Innovative technologies and ways of doing business are creating growth in certain industries. For those looking for something new to invest time or money in, take a look at these five industries that experts predict to have an increase in growth in 2018.

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The Booming Podcast Business: Why Do You Listen?

One-third of Americans over 12 listen to podcasts. But just as the business gets booming, are there already too many podcasts?

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Podcasts are booming, and these courses can help you start your own

The podcast industry as a whole is expected to produce more than $1 billion by 2021, according to a new report from the Interactive Advertising Bureau (IAB).

With that much money floating around, you have to wonder what is stopping you from getting your share.

Since many people are still stuck at home, craving connection and entertainment, there is really never been a better time for podcasting. And, contrary to what you might think, getting your own podcast off the ground is not just possible, it’s quite easy thanks to resources like




booming

US utilities signal booming demand from data centers as AI takes root

Ameren signed a supply deal with a data center with a power capacity of 250 megawatt (MW). It has also received expansion commitments and executed new contracts for more 85 MW of additional load for smaller data centers and other industries across Missouri and Illinois.




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So why is the economy booming?

No doubt the U.S. economy is in a boom, according to the Federal Reserve Bank of St. Louis. The Conference Board reports the highest levels of job satisfaction in more than a decade. The ratio between the unemployment level and the number of job vacancies is at its lowest level in a half-century




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Cloverland, Wash: The only original building left in this briefly booming orchard town in Asotin County is its well-preserved garage

Though a sign on Washington State Route 129 points you in the right direction, driving the nearly 12 miles along Cloverland Road to arrive at the Cloverland Garage in Asotin County can make you feel like you're, well, chasing ghosts…



  • Arts & Culture

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Booming house prices spark forum dispute

BENNELONG’S nation-leading house price increase showed people were suffering with high rents and the inability to on their own home, according to some election candidates.




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A booming tech sector can unleash pan-African trade

A booming tech sector can unleash pan-African trade The World Today mhiggins.drupal 31 July 2022

The new African Continental Free Trade Area must embrace hyperscale data centres, cross-border digital payments and other innovations to realise its potential.

The Africa Continental Free Trade Area (AfCFTA) not only lays the groundwork for a single market across the continent, it can act as a driving force to unleash the full potential of the technology revolution that is under way across the African continent. 

To help achieve this, the AfCFTA must go beyond simply lowering barriers to the movement of goods and services, to what the World Bank calls an ‘FDI [foreign direct investment] deep scenario’. This requires harmonizing policies on investment, competition, intellectual property rights and e-commerce to encourage FDI at a greater scale. 


The World Bank estimates that the AfCFTA could increase income across the continent by 7 per cent by 2035 (an additional $445 billion), mainly by boosting intra-regional trade in manufactured goods and lifting approximately 40 million people from extreme poverty. Under an FDI deep scenario, the projected income growth jumps to 9 per cent by 2035, supporting 50 million people out of extreme poverty. 

The initial focus of the AfCFTA is on movement of goods and services and the associated financial flows through the establishment of the Pan-African Payment and Settlement System (PAPSS), a technology that enables instant local currency payment across Africa without first converting to a hard currency. In addition, harmonizing policies and easing the movement of data could enable technology to accelerate the anticipated AfCFTA income growth.

Global venture capital is pouring in

There is no doubt the African tech industry is growing. In 2021, 681 African technology companies raised $5.2 billion in equity venture funding, up from $2 billion in 2019, according to Partech Partners’ annual Africa Tech Venture Capital report. 

It is understandable why the industry has attracted global venture capital. While tech businesses are often initially focused on meeting needs in their home markets, most have a strong desire to tap into the pan-African market, with its 1.3 billion consumers across 54 countries and a combined GDP of $3.4 trillion. This in turn should attract global venture capital to invest in Africa. 


Regulatory constraints mean African data centres are less competitive than those in America and China


The AfCFTA has created a framework for technology-led companies to scale across the continent in a way that will impact digital infrastructure, logistics, energy and much else. For example, Africa’s hyperscale data centre capacity would benefit from the ability to locate centres in the lowest cost jurisdiction with the best energy availability and to use that to power cloud storage across the continent.

Yet various regulatory constraints, including the desire for each state to own its population’s data on local servers, prevent that. As a result, African data centres are less competitive than those in America and China. 

Similarly, logistics and other sectors would be transformed if the information on goods in transit, such as digital customs documentation, could move easily across borders while being tracked across all 54 countries. Financial services would also benefit from the ability to pay across borders in a low-cost, frictionless way.

Fintech companies should be encouraged to build technology solutions linking to PAPSS and other initiatives to accelerate the adoption-of-use cases that PAPSS supports – such as intra-Africa instant payment, embedded finance and remittances services.

AfCFTA may also unlock mergers and acquisitions (M&A) activity among African and international firms. Technology companies are using M&A to enter new markets, as the international payments platform Stripe did when it acquired the Nigerian business Paystack, and the payments business MFS Africa did when it took over the fintech start-up Baxi. 

Governments and regulators must support innovation

Given the difficulty of a country-by-country organic growth strategy across Africa, M&A is likely to increase in various technology sectors over the next few years. With the anticipated ease of doing business that the AfCFTA could facilitate, we are likely to witness further welcome consolidation, creating larger corporates that create more jobs and increase tax revenues. 

To unlock the benefits that technology will bring, governments and regulators need to play a supportive role in encouraging innovation. They will need to ensure the appropriate consumer protections are in place without stifling creativity through regulation, inefficiencies or rent-seeking. 

At the same time, governments and regulators should not permit themselves to be held to ransom by dominant incumbents, such as banks and mobile operators in the fintech space, at the expense of stifling technology companies looking to disrupt their respective industries. 

Only then will the AfCFTA allow Africa to benefit from its tech potential. 

Risana Zitha writes this article in a personal capacity




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The Enterprising Woman Who Built—and Lost, and Rebuilt—a Booming Empire During the Klondike Gold Rush

With flinty perseverance and a golden touch, Belinda Mulrooney earned an unlikely fortune in the frozen north and reshaped the Canadian frontier




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UK firm targets booming medicinal cannabis market

Eco Equity is one of only a few Europe-based investors in medicinal cannabis from Africa and the Caribbean, an area in which the UK is missing an opportunity, according to CEO Jon-Paul Doran.




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NunTok: How religion is booming on social media

Nuns, imams and Buddhist monks are among those sharing successful - and often fun - short-form videos on social media.




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India’s booming D2C beauty market

Start-ups take on personal care biggies with niche products, mostly home-delivered through e-commerce




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Booming Digital Stars: 11 Inspiring Journeys from India’s Creator Economy 

Lessons from the exciting success stories of social media influencers




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Booming offshore Rupee bond market set for record year of supply

The rupee fell in the wake of the US election but held up better than most other Asian currencies, which were hit by a dollar rally




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Online homebuyers offer to sell your home fast in booming San Antonio market

CBS San Antonio





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Why the black market for cacti and succulents is booming

Part of the issue is succulent habitat destruction, but the bigger problem is poaching by highly organized global smuggling rings.



  • Organic Farming & Gardening

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Why solar is booming in Latin America

Fom Argentina to Mexico, solar in Latin America is likely to grow like gangbusters in the coming years.




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Big Bang Booming - Back to the Future

Theoretical cosmologists spend much of their time perfecting what is now known as the 'Big Bang' theory. This concept originates from ideas percolating in the minds of scientists, theologians and astronomers down through the ages. However, much of what they consider as proof for the 'Big Bang' is dependent upon uncontrolled experimentation that is molded to meet their expectations.




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The Booming Business of Craft Cocktails

Thomas Mooney, co-owner and CEO of House Spirits Distillery.




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Melbourne's booming population puts pressure on suburbs under siege from high-rise developments

High-density developments are cropping up in almost every Melbourne suburb and local resident groups have had enough.




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Gold is booming but mining towns are failing to cash in as miners' wages fly out

Business is booming for the gold mining industry as the price of the precious metal sets new benchmarks almost every day, but not everyone in mining towns like Kalgoorlie is taking a shine to the recent "mini gold rush".




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Tasmania News: Nazi items offered for sale again, Tasmania's economy booming

DAILY BRIEFING: More Nazi Nazi memorabilia goes under the hammer, and Tasmania becomes the second highest performing state in the country economically.




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Craft distilling of gin and whisky is booming despite highest taxes in western world

Following a boom in craft beers comes the new trend, craft gin, with Australian spirits the international flavour of the moment.




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A happy little miracle in dark times: The plant nursery business is booming

Plant nurseries are now offering curbside service: 'A resurgence of victory gardens'




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IU football walk-on gets booming scholarship announcement from Pat McAfee

Former Center Grove High School kicker gets a big-screen announcement from the former Colts punter.

      




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CBD News: The booming illegal trade in wildlife products contributes to the continued erosion of Earth's precious biodiversity. The unsustainable rate of loss of animals robs us of our national heritage, and cultural ties, and can drive whole species




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Smart Earphones Market Booming With Apple Airpods Leading

During the third quarter, the smart earwear products accounted for 48.1 percent of all shipments in the wearables category, according to IDC. In addition, shipments for the earpieces grew a stunning 242.4 percent from the same period a year ago.




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Rolls-Royce’s Honey sales booming despite no car production: Sweet surprise!

The Bee Apiary at Rolls-Royce was opened in the year 2017 and the six hives are christened quite interestingly as these are named as Phantom, Wraith, Dawn, Cullinan, Ghost and Spirit of Ecstasy.




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The yachting crowd was gearing up for a booming sailing season. Then the coronavirus hit.

The Bahamas deployed warships to enforce its port restrictions, one of several new hindrances to a big boat lifestyle.




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Booming VC-Backed Biopharma: Strong Market Despite Pandemic

Venture capital is a long investment cycle business, and never before has that been so clear as now in the face of the ongoing COVID pandemic. Even with the unprecedented public equity market volatility, venture investing into private biopharma companies

The post Booming VC-Backed Biopharma: Strong Market Despite Pandemic appeared first on LifeSciVC.




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Big city downtowns are booming, but can their momentum outlast the coronavirus?

It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated…

       




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Big city downtowns are booming, but can their momentum outlast the coronavirus?

It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated…

       




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Big city downtowns are booming, but can their momentum outlast the coronavirus?

It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated…

       




booming

Big city downtowns are booming, but can their momentum outlast the coronavirus?

It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated…

       




booming

Big city downtowns are booming, but can their momentum outlast the coronavirus?

It was only a generation ago when many Americans left downtowns for dead. From New York to Chicago to Los Angeles, residents fled urban cores in droves after World War II. While many businesses stayed, it wasn’t uncommon to find entire downtowns with little street life after 5:00 PM. Many of those former residents relocated…

       




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The plastics industry is booming right now, thanks to the coronavirus

The feedstocks have never been cheaper and the demand has never been greater.




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Brazil’s booming credit markets fan hopes of ‘revolution’

New York listing of XP highlights transition to a new world of lower interest rates




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The Hamptons rental market is booming, making the ritzy area more unattainable than ever — even for 'middle-class rich people'

Rental costs in the Hamptons are soaring, pricing out many in the upper-middle class.The demand for rentals in areas like the Hamptons has been steadily rising as people look to escape big cities.Homeowners in these areas are reportedly "price gauging" as people continue to flee to more remote vacation areas.Visit Business Insider's homepage for more stories.The wealthy are clamoring for local escapes in the Hamptons — and the demand is so high that it's actually pricing some of them out.Page Six's Christopher Cameron reported that many "middle-class rich people" are upset over the rising rental prices in the Hamptons. Many are finding themselves completely priced out of the market."Brokers are doubling prices," Betsy Cox from Blackbook Concierge told Cameron. Cox is looking at homes in Palm




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Is this the new PPI scandal? Financial watchdog announces probe into booming equity release market

It is feared that equity release could soon echo the PPI mis-selling scandal which has rocked Britain in recent years. Experts last night said the industry was 'ripe for mis-selling'.




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Booming 'dark web' marketplaces are being exploited by Australian drug dealers

Australia has the second highest concentration of dark web drug vendors per capita and experts warn the booming drug trade online is almost impossible to stop.




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Coronavirus toilet roll shortage sparks booming black market with hoarders

As the coronavirus outbreak intensifies, supermarket shelves are being stripped bare as families struggle to stock up on essentials in case they are forced to self-isolate.




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Helping States Manage Booming Unemployment Insurance Claims: Lessons from the Great Recession

Congress passed the largest economic stimulus package in our nation’s history, one of several ways Congress is helping America weather the economic downturn caused by the COVID-19 pandemic.




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Young Wild West booming a town, or, Arietta and the Land Sharks




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Young Wild West booming a town, or, Arietta and the Land Sharks




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Young Wild West booming a camp, or, The shot that opened a gold mine




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Germany: Drive-in cinemas are booming amid Covid-19 restrictions