How unlocking investments in the digital economy can drive global growth

Companies investing in digitalization are well-positioned to expand profitability as the global shift towards e-commerce accelerates. Saeed Al Gergawi, a prominent figure in Dubai's digital economy landscape, shared insights on the digital potential for Africa. Dubai, known for its diverse talent pool and cutting-edge infrastructure, serves as a hub for global collaboration. With 200 nationalities and 25 international offices, Dubai offers a unique platform for companies to test and deploy technologies for various markets, including Africa. Al Gergawi extended an invitation to African counterparts to leverage Dubai's resources for their digital initiatives. In a recent event in Nairobi, Al Gergawi emphasized the need for heightened awareness in Africa's startup and investment ecosystem. He urged founders and investors to explore the vast opportunities that Africa presents for growth and development. As the continent gears up for unprecedented progress, Al Gergawi sees a significant role for African companies to attract investments and forge partnerships. Discussing the potential of countries like Kenya and Rwanda, Al Gergawi underscored the importance of collaborations with established entities like Dubai. Through knowledge-sharing and government exchange programs, African nations can learn from Dubai's success story and tailor their policies to attract global players. The size and growth of Dubai's digital economy are projected to reach 100 billion Darhams, with a substantial contribution from the bustling e-commerce sector. While cyber threats loom as a concern, Al Gergawi views them as opportunities for governments to craft robust legislative frameworks that foster innovation and industry growth. By engaging in constructive dialogues and proactive policymaking, countries can mitigate risks and harness the full potential of the digital economy.