Dawn of a new day for Africa: building a modern digital economy
Published by
CIO
CIO
Africa is undergoing a remarkable transformation, rebuilding the foundations of its economy with new value-creating digital infrastructure. The World Bank has been coordinating a “Digital Economy Initiative for Africa” which aims to ensure that every individual, business, and government in Africa is digitally enabled by 2030. These efforts are clearly working. Africa’s digital economy and tech ecosystem is experiencing exponential growth. A report from non-profit Endeavor predicts that the market size of Africa’s digital economy could reach $712 billion by 2050, fuelled by the nation’s young p…