The promises and perils of Africa’s digital revolution
www.brookings.edu
By 2030, the continent could achieve rough parity with the rest of the world when three quarters of Africans are projected to become internet users. The economic potential is enormous: Mobile technologies alone have already generated 1.7 million jobs and contribute $144 billion to the continent’s e
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Africa's digital revolution has the potential to bring economic growth and improve the lives of citizens. By 2030, three quarters of Africans are projected to become internet users, generating enormous economic potential. Mobile technologies have already created 1.7 million jobs and contribute $144 billion to the continent's economy. Africa has become a center of mobile, peer-to-peer finance, with close to half of the world's mobile money accounts registered on the continent. Digitization can provide a cheap, secure source of finance to populations in need and improve government transparency in countries where corruption is a universal concern.
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- By 2030, the continent could achieve rough parity with the rest of the world when three quarters of Africans are projected to become internet users. The economic potential is enormous: Mobile technologies alone have already generated 1.7 million jobs and contribute $144 billion to the continent’s economy, or roughly 8.5% of GDP. Some African coun...
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