1st AfICTA eConference

Concept Note

The role of technology in the transformation of any economy in the world cannot be underestimated. Technology has positively influenced virtually everything including economic, social, cultural and political activities of all regions of the world, particularly Africa. Although, Africa according to research has not fully risen to maximizing the opportunities technology brings, yet its economic growth is creating substantial new business opportunities that are gradually attracting foreign investors’ attention. According to AfDB-Africa Development Bank, Africa which is known to be the world’s second fastest growing economy with GDP of $2.2 trillion is expected to grow to $5.6 trillion by 2025 if business enabling environments like infrastructures, security, transparency, public private collaboration policies are in place. Learn more