Africa is transforming its digital economy but more is needed – Here's why | The Citizen

The theme was ‘Rise Stronger with Digital Economy: New Paths towards a Resilient Recovery and Growth’ and the panel underscored the importance of a digital economy for Africa’s resilient growth.The only way to boost Africa’s digital economy was for all countries to enforce a top-level strategy and an implementation roadmap.This roadmap should include clear objectives, indicators and milestones, as well as favourable policies to encourage investment and improve efficiency.

The optimisation of business services in Africa is vital but it would cost approximately $100 trillion to achieve full digital transformation, Omo said,This is why, according to Omo, “no one – in the public or private sector – has the capacity to do this alone”. This, in turn, would develop the continent’s digital economy, “no matter what its definition is”, Chen said.

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa: Global Energy Alliance Agenda For Clean Energy Takes Shape in Africa"Ensure access to affordable, reliable, sustainable and modern energy for all." This is Sustainable Development Goal 7, which Africa is unlikely to meet because it does not yet have the  $190 billion of investment a year between 2026 and 2030 the continent needs. Two-thirds of that amount will go to clean energy, the International Energy Agency (IEA) said.
Source: allafrica - 🏆 1. / 99 Read more »