While the Covid-19 pandemic severely impacted economies around the world as hospitals reached capacity, business activity slowed, and restrictions were placed on the movement of people and goods, recent reforms provided Egypt with a more secure economic base for resilience in the face of crisis.
Economic update | Report: How important will Indonesia’s digital economy be for long-term, inclusive growth?
Indonesia’s economy experienced a milder slowdown in 2020 than its ASEAN-5 neighbours, according the IMF’s April 2021 World Economic Outlook, and also fared better than 16 other G20 members.
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?
Economic update | Covid-19 and the digital divide: how can emerging economies boost their ICT infrastructure?
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.