19 February 2018
The chapter five of the last Foresight Africa report from Brookings Institution focuses on Harnessing Africa’s Digital Potential: New Tools for new age with a look at the Kenyan digital revolution.
According to the author of this chapter, Njuguna Ndung’u, former Governor of the Central Bank of Kenya, digitization will provide the opportunity to leapfrog not only financial developments but also development across other sectors of the economy in Africa. Nevertheless, the changes will benefit the economies investing in infrastructure and implementing appropriate regulation. For Njuguna Ndung’u digitization is transforming African economies in four major ways:
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