Telecom

The UK and South Africa will co-lead the Commonwealth Digital Connectivity Agenda

The UK and South Africa will co-lead the Commonwealth Digital Connectivity Agenda
Wednesday, 06 March 2019 17:55

The UK and South Africa disclosed their agreement to co-lead the Commonwealth Digital Connectivity Agenda. This agreement was reached during the Africa Tech week hosted in Cape Town on March 4-5, 2019.

According to Liam Fox (photo), secretary for international trade, the agenda “will help more people join the digital economy as part of our commitment to reduce poverty through trade. We are aiming to almost quadruple trade between Commonwealth countries by 2030, which will help to create jobs and increase incomes throughout the Commonwealth, particularly in some of the poorest and most remote countries.”

“This more inclusive approach to economic growth will benefit female entrepreneurs, who own a high proportion of SMEs in developing countries, and we could add $18 billion to the GDP of developing countries if we double the number of women online,” he added.

“We embrace the undeniable benefits and new opportunities brought about by the advances in ICTs, especially in the context of the 4th Industrial Revolution. But we also take note of the significant potential for disruptive effects of the digital revolution, in particular to least developed countries. Appropriate policies and measures need to be taken to ensure that developing countries benefit from the advantages of technological progress and do not suffer from lack of its early adoption,” indicated Rob Davis, South African minister of trade and industry.

On the same topic
The BOOST program is a significant milestone for Cabo Verde’s digital and economic development, especially as the country positions itself as a rising...
• Glo launched a network upgrade plan after a 50% telecom tariff hike.• It aims to add 1,000+ 4G sites and adopt hybrid energy solutions.• With 20.6M...
The Medusa Submarine Cable System is a critical investment in the region’s digital future, especially at a time when demand for data and bandwidth is...
The scope of future digital cooperation with Turkey is yet to be defined. Gabon set four priorities: modernise public administration, expand...
Most Read
01

As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...

Africa Faces 'Critical' Digital Skills Gap as Youth Population Booms, UN Warns
02

The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...

10 African Fintech Unicorns and Upstarts Make World’s Top 300
03

Non-bank institutional investors, though still a minority, are increasing their presence in the West...

Non-Bank Investors Gain Foothold in WAEMU Sovereign Debt Market
04

What seemed like a routine administrative matter has drawn Madagascar into an international controve...

Boeing Jets to Iran: From Malagasy Paper Trail to Questions
05

As digital transformation accelerates across Africa, so too do concerns about the rising tide of cyb...

Africa’s AI Cybersecurity Gaps: An Ethical Hacker Explains
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.