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Thursday, 16 May 2019

AFRICA’S DIGITAL ECONOMY POISED TO EXPLODE AS REGIONAL INTEGRATION OPENS NEW MARKETS

“Africa has shown it can deliver. Cross-border private sector “champions” are essential – Pierre Guislain, African Development Bank Vice President



With Africa’s digital economy taking off exponentially, the continent must ready itself to maximize the potential dividends of the Continental Free Trade Area agreement, panel members told a packed auditorium in Kigali at the opening of Transform Africa Summit 2019 on Tuesday.
Key to this effort will be connectivity, data and digitization and innovation among others, conference attendees heard.
“Africa can achieve a digital single market...It is a journey and we need to break it up into doable bits, “African Development Bank Vice-president, Private Sector, Infrastructure and Industrialization Pierre Guislain, said, adding that the European Union had demonstrated that it could be achieved.
Other members of the panel Lacina Kone, Director General / CEO of Smart Africa, the conference organizers, Fatoumata Ba, CEO Janngo, Nic Rudnick, CEO Liquid Telecom Group and Elsie Kanza, Head of Africa, World Economic Forum, shared similar sentiments.
This year’s summit which is themed Boosting Africa’s Digital Economy, aims to showcase success stories in the African digital economy and promote homegrown businesses, innovations, solutions and partnerships.

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