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IoT Growth Expected to See more than 50bn Connected Devices in Next Decade

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By Willie Oosthuysen

IOT is expected to drive the proliferation of connected devices from about a billion plus today to over 50 billion in the next decade.

While the Internet of Things (IoT) may still be an emerging technology, it is difficult to dispute that it has become deeply entrenched in people’s lives and its proliferation is likely to accelerate even further in the next few years.

The First Industrial Revolution, which saw the development of machine tools and the rise of the mechanised factory system, had an unprecedented effect on the way people worked and lived, leading to a massive rise in the rate of population growth.

Similarly, the Fourth Industrial revolution is expected to have an equally profound and irreversible impact on all aspects of society, as it gathers momentum.

According to industry experts, IoT is rapidly driving the adoption of connected devices, from about a billion-plus today to over 50 billion in the next decade. This includes devices such as smartphones, vehicles, electronic appliances, as well as smart sensors that are connected to a wireless network.

South Africa is a clear leader in some use cases of the IoT space with applications such as stolen vehicle recovery, security and cash-in-transit management systems. However, the areas where we are playing catch-up are autonomous vehicles and clean energy generation and distribution, among others.

There are at least four areas of IoT that have so far affected people’s lives most significantly:

  1. Connected homes

This is where we started feeling the effects of IoT most directly. Connected homes contain Intelligent systems, such as remote controlled and accessed cameras, fire detection systems, smart lighting systems and other security features, which are connected to the internet.

In the past, homeowners who had video cameras installed would have to be at home in front of a screen to monitor them. These days, you can monitor your cameras via your phone, or even perform other functions, such as unlocking the door or switching on the lights or pool pump remotely.

A lot of home automation and entertainment systems are now connected to the internet and leverage connectivity for people to be able to use them effectively.

  1. Connected vehicles

Vehicle recovery systems have evolved into telematics and logistics management, which helps with routing and scheduling and other functions of fleet logistics designed to optimize the delivery of cargo.

Connected vehicles applications are very specific and are either built into cars or smartphones, which shows that mobility has added a lot to the utilisation and adoption of IoT technologies.

Car manufacturers are also increasingly able to monitor how cars are driven and whether they need any specific type of maintenance, before anything goes wrong. They can also pre-order the requisite parts, which improves the speed and efficiency of services or repairs. Other connected car applications deal with safety and navigation, among others.

  1. Wearables

These include wearable devices that can monitor your heart rate, measure exercise and sleep, and even monitor your health in general.

This form of IoT technologies is far more personal and adoption is still quite low. However, the applications are numerous, especially in the healthcare and fitness space.

In addition, wearable devices can also be used for children tracking, as well as other kinds of applications that are related to safety and well-being. It is in the applications and the data that the real value of IOT exists, not in the sensors or the networks that transport the signals.

  1. The Industrial internet

The industrial internet, which used to be known as machine automation or machine-to-machine communication, is the oldest form of IoT, and is by far the biggest market in IOT in South Africa.

Essentially, the industrial internet refers to the integration and linking of big data, analytical tools and wireless networks with physical and industrial equipment, such as the use of robotics in manufacturing or process control automation in petro-chemical plants.

The industrial internet has been having a significant impact on our lives for many years now through the automation of industrial functions. However, as consumers, we haven’t really felt this impact directly.

Proliferation of IoT

The rate of innovation, ingenuity and scope that has been driven by IoT has been nothing short of remarkable and businesses are continually developing more and more ways to connect us. Within the next few years, it is predicted that the proliferation of sensors is likely to see them permeate every aspect of our lives.

In terms of South Africa’s adoption of IoT technologies, there are areas in which we are significantly ahead of the rest of the world and others where we are behind, but we cannot afford to fall behind.

The potential of IoT is simply limitless and holds great promise for improving our quality of life and bringing about profound changes in the way we work.

Willie Oosthuysen, is Chief Strategic Business Officer at Liquid Telecom


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Cybervergent Expands to Three New Markets

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Cybervergent has launched version 3.0 of its artificial intelligence (AI)-native posture management platform and expanded operations into Kenya, Ghana, and SA.

The move, according to the company, introduces automated risk verification for enterprises and aims to position Africa as a force in digital governance technology.

It goes on to say the latest platform upgrade introduces continuous posture management, replacing traditional point-in-time governance, risk, and compliance reporting with real-time verification systems.

An AI engine independently verifies 99.9% of audit and monitoring findings before they appear on enterprise dashboards, according to Cybervergent.

It says risk management, compliance, audit, and data security operations are integrated into a unified system built for cloud and on-premise environments.

According to  Cybervergent, the platform maps more than 4 500 controls across frameworks, including the Nigeria Data Protection Act (NDPA), International Organisation for Standardisation (ISO) 27001, and System and Organisation Controls (SOC) 2.

Cybervergent says the rollout of its first South African customer validates the platform’s readiness for highly regulated enterprise markets and strengthens its expansion strategy across Africa’s leading technology and financial hubs.

The company is also adopting a channel-first deployment model, working with local partners and system integrators in Lagos, Accra and Johannesburg to scale verified security infrastructure for enterprises navigating increasingly complex regulatory demands.

“We built verification into the architecture,” said Ayomide Daniels, co-founder and chief scientist at Cybervergent. “If a finding is not traceable back to source documentation, it does not reach the dashboard.”

Cybervergent rebranded from Infoprivacy in late 2023 to reflect its shift towards AI-automated cybersecurity.

The start-up previously focused on data privacy compliance in the West African market before pivoting to its current integrated posture management model.


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FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

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Federal Government has directed recipients of honorary doctorate degrees to stop using the title “Dr.” before their names, as part of efforts to protect the integrity of academic qualifications and curb the misuse of honorary awards.

FG Bans Honorary Degree Holders from Using ‘Dr’ Title, Warns of Academic Fraud

Minister of Education, Tunji Alausa

Minister of Education, Tunji Alausa, announced the directive after the approval of the new policy by the Federal Executive Council (FEC).

Alausa said the measure was necessary to address the growing abuse, commercialisation and politicisation of honorary degrees in some tertiary institutions across the country.

He explained that honorary doctorates are symbolic recognitions of outstanding contributions to society and do not equate to earned academic qualifications obtained through rigorous study, research and examination.

“Recipients of honorary doctorate degrees are not entitled to use the title ‘Dr.’ as a prefix to their names in official, professional or academic engagements,” he said.

According to the minister, awardees may instead indicate the honorary distinction after their names using formats such as D.Litt (Honoris Causa), LL.D (Honoris Causa) or other approved honorary designations.

Under the revised policy, only universities with active doctoral programmes will be permitted to confer honorary doctorate awards.

The government also restricted recognised honorary awards to four categories: Doctor of Laws (LL.D), Doctor of Letters (D.Litt), Doctor of Science (D.Sc), and Doctor of Humanities (D.Arts).

In addition, all honorary degree certificates must clearly carry inscriptions such as “Honorary” or “Honoris Causa” to distinguish them from earned academic degrees.

The minister warned universities against indiscriminate conferment of honorary degrees, noting that institutions found violating the directive would face sanctions from the National Universities Commission and the Federal Ministry of Education.

He said the policy was part of broader reforms aimed at restoring credibility to Nigeria’s higher education system and ensuring academic titles are not misrepresented for personal, political or financial gains.

Observers say the development could reshape the long-standing culture where public office holders, business executives and celebrities often adopt the “Dr.” title after receiving honorary awards.


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Africa Fintech Revenues to Hit $65 billion by 2030 – Report

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African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.

While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.

The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.

Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.

Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.

Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.

By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.

Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.

The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.

Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.

Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.

Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.

 


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