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Accelerating Digital Job Creation in Africa

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Accelerating Digital Job Creation in Africa

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Accelerating Digital Job Creation in Africa

  1. 1. Trends driving Africa’s Digital Landscape: 1. A study by the World Economic Forum notes that “effectively leveraging ICTs has been shown to contribute to a 50 percent increase in productivity”; 2. The number of mobile subscribers in Africa doubled from 2010 to 2015 to almost one billion mobile phone subscribers; 3. The internet bandwidth grew 30-fold between 2008 and 2016. Innovation INDABA: Accelerating Digital Job Creation in Africa Since the year 2000, Rwanda has achieved the following: • ICT grew at 25 percent, while the rest of the economy grew at about 7 percent. • Phone and internet penetration is at about 70 percent and 28 percent respectively • The country is well on its way to providing 4G LTE coverage for 95 percent of Rwandans by 2017. • Over 5,000 kilometers optic fiber have been laid throughout the country. Rwanda • is the world’s fastest developing country, • has annual growth rates of about 8%, • is the second easiest place to do business on the continent • is the safest to walk at night in Africa and fifth globally • Africa is catching up fast with Europe and the US in building the NEW Economy • SAP created Africa Code Week to teach software coding skills to young people from age 8 to 24. • In 2015, the initiative reached 89,000 youth in 17 countries goal for 2016 is to train more than 150,000 youth across 30 countries According to the World Economic Forum (WEF), if the Digital Economy is harnessed fully in Africa, “an estimated 150 million new jobs could be created in this sector for young Africans” (WEF Report on “Shaping Africa’s Transformation”)