The Covid-19 crisis has highlighted the need for countries around the world, especially African countries, to accelerate their digital migration strategies. As Africa is lagging, China agreed to give it a boost.
Chinese Assistant Foreign Minister Deng Li (pictured) announced on August 24 his country will help Africa achieve its digital transformation. Speaking in Beijing during the China-Africa Internet Development and Cooperation Forum, Deng Li presented the six axes on which the new project will be based. These are:
The new partnership aligns with Chinese President Xi Jinping's desire, expressed last year at the Extraordinary China-Africa Summit on Solidarity against Covid-19, to work with the continent to expand cooperation on the digital economy, the smart city, and 5G. Those are sectors in which Africa really needs a hand. According to the latest Cisco report on the global level of digital readiness, African countries are lagging.
In their joint report "e-Conomy Africa 2020" published last year, Google and the International Finance Corporation (IFC) estimate that digital economy could contribute up to $180 billion to the African economy by 2025. This depends on the level of digital technology use by businesses and the right mix of policy actions.
Muriel Edjo
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...
Partnership targets priority projects, startup support and skills training Deal aligns with...
Renaprov Finance plans a BVMAC IPO to raise CFA8.4 billion by offering 44.44% of its capital to the public. The listing would make Renaprov the second...
Egypt’s central bank and Afreximbank signed an MoU to create a pan-African gold bank. The partners will conduct a feasibility study covering technical,...
Senegal launched construction of a CFA 3.54 billion ($6.3 million) modern high school in Passy. The facility will accommodate 1,500 students on a...
Burkina Faso plans to launch a certified electronic invoicing system in January 2026. Authorities aim to raise tax revenue, curb VAT fraud, and reduce...
Each year around 2 January, the streets of Cape Town host the Cape Town Minstrel Carnival, also known as Kaapse Klopse. Rooted in the nineteenth century,...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...