A recent report has highlighted the significant potential of Nigeria’s burgeoning tech start-up scene, but also outlined a series of limitations that need to be addressed for the segment to emerge as a true engine of the country’s recovery from Covid-19.
Egypt, the only country in the Middle East and North Africa not to enter recession during 2020, already exhibited a strong acceleration in digitalisation during the years leading up to the pandemic. However, as with many countries in the region, the Covid-19 outbreak has led to unprecedented and fundamental changes across all industries, largely as a result of digitalisation.
The coronavirus pandemic triggered an e-commerce boom in sub-Saharan Africa, alongside the rest of the world. With a global recovery under way, the question now is: can that growth be sustained?
While the coronavirus pandemic has rapidly accelerated digital transformation around the world, many emerging economies are still afflicted by inadequate ICT infrastructure, limiting their capacity to fully capitalise on the opportunities that are emerging from the disruption. This provides scope for public and private actors to collaborate in closing the gap.
The coronavirus pandemic has helped drive the rapid growth of digital solutions. While this has enabled a number of positive developments, it has also exposed many sectors to a heightened threat of cyberattacks.
After a year of external expansion and internal reorganisation due to Covid-19, South-east Asia’s super apps appear to be looking towards mergers and public listings as a strategy for future development.
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