MSMEs digitisation can add $53bn to economy – NITDA DG - Punch Newspapers

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MSMEs digitisation can add $53bn to economy – NITDA DG

“Secondly, we need to have support organisations — platform that will assist to digitise MSMEs for innovation hubs around the country to incubate ideas, because innovation is a process of taking an idea from inception to impact that means you can have an idea, and you can be innovative, but that is not enough, you need to commercialise your ideas.”

“Then we need the infrastructure, this is important to MSMEs, but Africa is lacking in digital public infrastructure. Digital public infrastructure is beyond having connectivity and access to computers.” He said, the Second Industrial Revolution was about massive production which required enabling infrastructure for transportation, but today, in the current fourth Industrial Revolution, which was about digital services, there was a need for required infrastructure to aid digital services.

He added that, “Lastly, is the challenge of digital skills and literacy. The digital offerings require digitally literate consumers to benefit from the services, therefore there is the need to enlighten and educate the populace to acquire digital literacy skills.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

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