Towards a flourishing digital economy for all – a spotlight on Africa

GSMA Mobile World Live analysts released a report commissioned by the UK’s Department for International Trade (DIT) under the title ‘Towards A Flourishing Digital Economy for All – A Spotlight On Africa.’ The report explores the opportunities and challenges around digital trade in Africa and examines how the mobile industry can provide a US$180-billion market opportunity by 2025. To this aim, the report looks at the four most developed markets in Africa, namely Egypt, Nigeria, Kenya, and South Africa, including the progress achieved and the future work to be done in five aspects: digital infrastructure, mobile connectivity and internet access, mobile money, social and digital inclusion, and mobile commerce. ‘Our report triggers a much-needed discussion on how to advance the mobile commerce revolution in Africa, which will, in the long-term, lead to mutually beneficial digital trade between the continent and its trading partners, including the UK,’ said DIT chief scientific adviser Dr Mike Short during the launch of the report at the Mobile World Congress in Barcelona.