It is important for Africa to embrace and prioritise building a digital economy.
The digital economy is a key driver of growth globally, and it is important for Africa to embrace digital technologies to take advantage of this economic opportunity.Industry forecasts say that while the digital economy contributed 15.2% to the global GDP in 2020, this figure will rise to 24.3% by 2025.
This includes the tenets detailed in the Digital Transformation Strategy for Africa paper, which was written by the African Union and aims for all Africans to have access to broadband speeds in excess of 6Mbps at a reasonable price. For example: access to reliable connectivity will allow more Africans to leverage the power of online learning to upskill themselves for the modern workplace.
“For example, the ICT industry has created new business fields like mobile IoT and mobile payments, which have made significant contributions to economic and social development,” said Song.Green energy is always a critical topic – and Africa is perfectly positioned to become the best example the world has to offer of what is possible with sustainable energy technology.
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