How Africa’s digital transformation agenda can be fast-tracked
The future and potential of technology in Africa remains under tapped despite the globe making tremendous advancements. CNBC Africa spoke to Mbugua Njihia, Head of Business and Partnerships, Sure Corporation Limited on what lies ahead for the continent’s ICT sector.
Fri, 14 Jul 2023 16:07:43 GMT
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AI Generated Summary
- The importance of cybersecurity, fintech, and AI in driving Africa's digital transformation.
- The need for policy frameworks to enable cross-border trade and support the development of innovative solutions.
- Balancing regulation and fostering innovation in the digital economy to maximize economic potential.
Africa's digital transformation is on the brink of a major shift as the continent positions itself for a knowledge-based economy. CNBC Africa delved into the future and potential of technology in Africa with Mbugua Njihia, Head of Business and Partnerships at Sure Corporation Limited. Njihia highlighted key areas of interest including cybersecurity, fintech, trade facilitation, and artificial intelligence (AI). He emphasized the need for policy support to enable seamless cross-border trade and the development of innovative solutions. With the potential unveiling of a cryptocurrency bill in Kenya, there is a growing optimism around the economic prospects of digital advancements. While blockchain technology offers exciting possibilities for Africa, the challenge lies in striking a balance between regulation and fostering innovation. Njihia called for governments to focus on creating enabling environments by investing in infrastructure and supporting local tech talent to drive the continent towards becoming net exporters of value.
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