Business
Can Africa Catch Up In Internet GDP?
Entrepreneurs in particular are a vital force in developing the Internet ecosystem, and have many opportunities in ICT as Africa builds its tech community and infrastructure, McKinsey said. Governments must coordinate national vision to help achieve the continent’s potential, while private companies must innovate or lose out to the entrepreneurial drive. Large telecoms will need to prepare for voice-to-data migration, and along with other tech companies should partner with governments to drive the digital revolution, McKinsey said.
Finally, McKinsey concluded, “Public-private partnerships could make strides in delivering infrastructure, developing ICT capabilities, or delivering e-government, education, and health services.” McKinsey’s research also stated, “For now, the Internet in Africa remains a wide-open space where companies and entrepreneurs can capture large opportunities if they are willing to move both rapidly and decisively.”
Source: AFK Insider
