Leveraging the power of digital economy to achieve Kenya Vision 2030
Saturday February 06 2021
By WILL MENG
That the Covid-19 pandemic is the worst global crisis since the Second World War, according to United Nations Secretary-General Antonio Guterres.
People s way of life changed greatly. Traditional industries struggled, and new business models such as teleworking, e-learning, e-commerce and telemedicine gained momentum.
The fight against the pandemic and economic recovery have been every country’s top priority. Kenya set an example for Africa in the fight against Covid-19 and economic recovery.
It is the first country in the continent to deploy technology for faster airport clearance besides being one of the first African countries to adopt and implement policies to contain the virus.
THE STANDARD By
Will Meng |
February 5th 2021 at 00:00:00 GMT +0300
Huawei Kenya CEO Will Meng.
UN Secretary-General Guterres has said the Covid-19 pandemic is the worst global crisis since the Second World War. Indeed, 2020 was an extremely difficult and unusual year for everyone around the world due to the pandemic. In 2020, people s way of life changed greatly, challenging economic development to an unprecedented extent.
In 2020, traditional industries struggled, and new business models such as teleworking, online education, e-commerce, and telemedicine developed disruptively. In 2020, the fight against the pandemic and economic recovery were the top priorities of every country, and Kenya set an example for Africa in both the fight against the pandemic and economic recovery. Kenya was one of the first African countries to adopt and implement a string of rigorous policies, and one of the few countries to have positive economic growth in 2020.
THE STANDARD By
Will Meng |
February 5th 2021 at 00:00:00 GMT +0300
Huawei Kenya CEO Will Meng.
UN Secretary-General Guterres has said the Covid-19 pandemic is the worst global crisis since the Second World War. Indeed, 2020 was an extremely difficult and unusual year for everyone around the world due to the pandemic. In 2020, people s way of life changed greatly, challenging economic development to an unprecedented extent.
In 2020, traditional industries struggled, and new business models such as teleworking, online education, e-commerce, and telemedicine developed disruptively. In 2020, the fight against the pandemic and economic recovery were the top priorities of every country, and Kenya set an example for Africa in both the fight against the pandemic and economic recovery. Kenya was one of the first African countries to adopt and implement a string of rigorous policies, and one of the few countries to have positive economic growth in 2020.
Technology for Social Change and Development Initiative (Tech4Dev), and the Foreign Commonwealth and Development Office (FCDO), have signed a resilience training agreement to carry out basic digital literacy for rural clusters in the north.
This is in efforts to empower vulnerable groups in rural clusters in Northern Nigeria with the digital skills required for the future of work and advanced learning for the 21st century. x
The programme is meant to introduce learners in underserved communities and vulnerable groups in Northern Nigeria to digital literacy, with the intent of equipping them with the basic digital knowledge required to succeed in the 21st-century and the emerging new normal from the COVID-19 pandemic.
Innovation and Digital Transformation in the Financial Sector in Malawi
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Photo: Arne Hoel/World Bank The Malawi Financial Sector Technical Assistance Project unlocked opportunities for inclusive growth for banks, micro-finance institutions, and savings and credit cooperatives by transforming the digital space. As a result, access to finance in the country increased. The proportion of women within the adult population that was formally banked, for example, increased from 17 percent in 2011 to 38.5 percent in 2018.
Challenge
The Financial Sector Technical Assistance Project (FSTAP) was conceived in 2011 when the financial sector’s contribution towards growth and poverty reduction in Malawi was limited. Much more was needed to expand and improve financial access. At that time, out of the 19 percent of the adult population, only 17 percent were banked. The business environment was equally challenging. While the country had achieved notable reforms in