Emmanuel OchayiWorld Bank’s latest brief, “Digital transformation drives development in Africa,” has revealed the transformative impact of improved internet access over three years, leading to a 7% decline in extreme poverty in Nigeria and Tanzania.
The report explained, that this digital shift has not only diminished poverty but has also spurred 8% increase in labor force participation and wage employment.
Join our WhatsApp ChannelWorld Bank Chief Economist for Africa, Andrew Dabalen, emphasized the untapped potential of mobile internet, stating, “The minimal usage of mobile internet is a lost opportunity for inclusive growth in Africa.”
Despite these strides, challenges persist, including the affordability of mobile connectivity and a digital gender gap.
The report reveals that women are 37% less likely to use mobile internet compared to men, emphasizing the need for continued efforts to make digital access more equitable.
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In a bid to address these challenges, the World Bank reaffirms its commitment to digital development in Africa, announcing an investment of $731.8 million across 11 Digital Development projects over six years.
This initiative aligns with the broader Digital Economy for Africa goal, aiming to digitally empower every individual, business, and government on the continent by 2030.
While celebrating the progress, the report also sheds light on the lingering issues, such as high mobile internet costs and a considerable gap between coverage and usage. The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, expressed concern over the reluctance of operators to extend internet coverage beyond major cities, hindering inclusive economic growth.
As Africa navigates this digital evolution, overcoming barriers like affordability and gender disparities remains crucial to harnessing the full potential of the internet as a catalyst for economic growth, innovation, and job creation.
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