Africa may see $300 billion economic boost through digitalization

Africa may see $300 billion economic boost through digitalization

A potential $300-billion could be added to the African economy by 2026 through digitalization in industrial sectors ranging from transport to manufacturing.

Siemens AG, a client of PRN member Proof Africa, says digital technology will drive African development rather than disrupt it.

The Siemens 2017 African Digitalization Maturity Report says digital technology redefines the role of the worker, leading to greater skills development. This means that humans and machines are not competing for jobs, but working together and creating a new type of talent.

The report found that disruptive digital technology can also help to meet Africa’s development needs.

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