AFRICA - The Ultimate Digital Growth Frontier

October 22, 2020 | 00.00 GMT
AFRICA - The Ultimate Digital Growth Frontier Photo
What makes Africa the next growth frontier for digital infrastructure? Africa’s is a young, truly digital native population. Currently at 1.3 Billion the continent’s population will grow to 3 billion in 2050. It’s a vast and highly fragmented continent that’s learnt, adapted and leapfrogged its way through digital innovations with a culture which, generally speaking, embraces mobile digital technology. This rapid digitisation will continue as more often than not, there are no alternatives to the digital solutions propose; mobile banking being a prime example. Sub-Saharan African economies in represent six of the 10 fastest growing economies in the world too. Add to these characteristics a need for reduced latency for advanced digital services and new legislation around data sovereignty and you get a very favourable investment opportunity. Africa, of course, presents some unique challenges along with high opportunity. It’s a vast, diverse continent, highly fragmented in terms resources, infrastructure and current state of digital maturity. Climates vary across the continent but in general this too constitutes a challenge. In this talk we’ll be addressing Digital Africa – the ultimate growth frontier – the opportunities, challenges, requirements and stakes…