{"id":467978,"date":"2020-06-01T12:03:35","date_gmt":"2020-06-01T11:03:35","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=467978"},"modified":"2020-06-01T12:03:35","modified_gmt":"2020-06-01T11:03:35","slug":"covid-19-heightens-the-need-for-more-investments-in-digital-transformation","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2020\/06\/01\/covid-19-heightens-the-need-for-more-investments-in-digital-transformation\/","title":{"rendered":"COVID-19 heightens the need for more investments in Digital Transformation"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p style=\"font-weight: 400;\">During the current crisis of COVID-19 pandemic, some sectors like health and Information &amp; Communications Technology (ICT) are experiencing unprecedented demand.<\/p>\n<p style=\"font-weight: 400;\">According to ICT\u00a0experts, this crisis heightened the need for African countries to increase their investments in ICT infrastructure, policies and solutions and to accelerate their efforts in tapping into the new possibilities unlocked by digitalization.<\/p>\n<p style=\"font-weight: 400;\">Jean-Paul Adam, Director of Climate Change, Natural Resource Management and Technology at the UN Economic Commission for Africa (ECA) told the participants at a webinar that while COVID-19\u00a0disrupted our normal way of doing things, it has also brought some opportunities.<\/p>\n<p style=\"font-weight: 400;\">Adam\u00a0was speaking in a webinar that discussed\u00a0<strong><em>how to unlock Africa\u2019s Digital Potential Amid COVID-19\u00a0<\/em><\/strong><em>organised and hosted by ECA<\/em>\u00a0on 26 May 20202.\u00a0He stressed that\u00a0African countries\u00a0should\u00a0address\u00a0all\u00a0vulnerabilities that are hampering digital transformation such as the high cost of internet and issues related to inadequate bandwidth.<\/p>\n<p style=\"font-weight: 400;\">Hossam Elgamal the Chairman African ICT Alliance who also spoke at the webinar stressed the need to put policies that would govern digital transformation, and help ensure that the full potential of digital technologies is realized by governments, private sector and other stakeholders while mitigating the associated risks and addressing the challenges of data security.<\/p>\n<p style=\"font-weight: 400;\">About 150 people attended the webinar and underlined how sectors like commerce and health have been transformed by information and digital technologies in ways previously unimaginable.<\/p>\n<p style=\"font-weight: 400;\">Lacina Kone, CEO Smart Africa Alliance\u00a0reminded the participants\u00a0that Africa is being digitally transformed. \u201cTechnologies like mobile-phone-enabled solutions are expanding access to financial services to many people who are now transacting money in digital form without the need of a bank account\u201d, he said.<\/p>\n<p style=\"font-weight: 400;\">Kone\u00a0also\u00a0stressed how young people on the continent are now innovating and utilising technologies in ways that could have a positive impact on their lives.<\/p>\n<p style=\"font-weight: 400;\">In this regards, Chepkemoi Magdaine, a young person from Kenya, founder of EldoHub, a tech innovation and entrepreneurship centre, confirmed that there are indeed many opportunities for the youth\u00a0skilled in ICT.<\/p>\n<p style=\"font-weight: 400;\">The issue of regulation of data, broadband\u00a0and connectivity\u00a0as well as\u00a0the need for a better collaboration were also discussed at the e-meeting.\u00a0Kojo Boakye, Head, Public Policy at Africa Facebook told the participants about the project of his company and its partners to roll out a cable that will increase the connectivity on the continent and give access to many data services.<\/p>\n<p style=\"font-weight: 400;\">ArgueING\u00a0in the favor of data control,\u00a0Olusegun Olugbile President of Global Network for Cybersolution\u00a0\u00a0urged governments to develop an\u00a0<em>African Data Governance Framework<\/em>\u00a0where all ICT stakeholders\u00a0would\u00a0agree to take control of their future through securing their data,\u00a0and\u00a0avoiding \u201cdata colonisation\u201d and be able to negotiate better deals and create jobs badly needed.<\/p>\n<p style=\"font-weight: 400;\">Most of the participants\u00a0agreed\u00a0that\u00a0the\u00a0unprecedented change brought about by digital technology offers significant opportunities for Africa as well as complex challenges that require new policy responses in many areas.<\/p>\n<p style=\"font-weight: 400;\">ECA, through rigorous analytical and policy research, has been scaling up assistance to member States in their efforts to adopt evidence-based ICT, science, technology and innovation policies to transform their economies.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>During the current crisis of COVID-19 pandemic, some sectors like health and Information &amp; Communications Technology (ICT) are experiencing unprecedented demand. According to ICT\u00a0experts, this crisis heightened the need for African countries to increase their investments in ICT infrastructure, policies and solutions and to accelerate their efforts in tapping into the new possibilities unlocked by<\/p>\n","protected":false},"author":536282,"featured_media":467979,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12046,12065],"tags":[16344],"class_list":{"0":"post-467978","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-leaders-en","8":"category-press-releases","9":"tag-covid-19","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>COVID-19 heightens the need for more investments in Digital Transformation - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.financialafrik.com\/en\/2020\/06\/01\/covid-19-heightens-the-need-for-more-investments-in-digital-transformation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19 heightens the need for more investments in Digital Transformation\" \/>\n<meta property=\"og:description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, givemeaning to statistics. Our \u201cexaggerated pretensions\u201d inspire us. We will strive, and gradually, to conceive, comfort and reach them. Three versions, three approaches and a global vision. The website is constantly on the news. The newsletter relays information every morning to executives, bankers, university financiers, students. The monthly edition analyzes the information and explains the setbacks. A single credo initiates our journalistic approach: information = actors, facts = a pluralistic vision. 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