Africa Needs Digital Innovation to Spillover all Sectors to Strengthen Digital Economy Growth

…As ICT Ministers Underscore Importance of Digital Economy for Africa’s Resilient Growth

In a bid to ensure digital transformation drives inclusive economic growth, Information and Communications (ICT) Ministers has agreed that Africa needs digital innovation to spill over into all segments of business and society to strengthen our digital economy.

This was unanimously agreed upon at the ministerial forum held at AfricaCom 2022 organised by the African Telecommunications Union (ATU) bringing together participants from Malawi, Namibia, Uganda and Zambia. The session which was focused on methods to engineer a new sense of hope for Africa’s digital economy journey under the theme “Rise Stronger With Digital Economy: New Paths Towards A Resilient Recovery And Growth”.

ATU General Secretary, John Omo noted that according to the World Bank, Africa requires US$100-trillion to achieve full digital transformation, and no one, in the public or private sector, has the capacity to do this alone. Through the power of investment and of regulation, together we can craft a framework that will give effect to the growth and development we want to see.

“Africa needs digital innovation to spill over into all segments of business and society if we are to strengthen our digital economy,” he said.

On his part, Leo Chen, Huawei President of the Sub-Saharan Africa Region emphasised in his address the three major elements of digital transformation: digital infrastructure, digital services and digital skills.

“If we do these three things well, we can connect the unconnected people and businesses, fully unleash digital productivity and develop the digital economy, no matter what its definition is,” he said.

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In order for the continent’s digital economy to bloom, Africa needs innovative measures in place across all sectors of business and society.