The 9th AfICTA Summit holds virtually from 8-9 December 2021 and the theme being considered is "Accelerated Digitalization for Economic Revolution in Africa: Prospects and Challenges".
Event Overview
With over USD2.4 trillion Gross Domestic Product (GDP) recorded by the fourth quarter in 2020 (according to the International Monetary Fund) (IMF), Africa though growing exponentially, its stakeholders would need a more decisive and deliberate effort in their plans to digitalize their economies. This is necessary to stay afloat in the midst of several uncertainties and challenges the economies are facing such as the effect of COVID 19 pandemic and climate issues.
Considering the theme "Accelerated Digitalization for Economic Revolution in Africa: Prospects and Challenges", the 9th Summit of AfICTA would further emphasize the need for swift adoption of digitalization by consumers, enterprises, and governments, the proven step to accelerate economic growth and facilitate job creation. In the current environment of a sluggish global economy, digitalization can play an important role in assisting policymakers to spur economic growth and employment. Moreover, the gathering would give a glimpse of how businesses and governments can better benefit from the Africa Continental Free Trade Area (AfCFTA) and the need for its digitization towards achieving a 52 percent boost of intra-African trade by 2022.
