By Nzube Ufodike on May 21, 2014
The third and last article of a three part series in which Nzube Ufodike and Jack Diamond of Amoo Venture Capital Advisory examine and analyse Africa’s path towards digitalization. Also see the first and second part.
Effects of digitalization will no doubt be profound with particular benefits to be felt in the following sectors…
The success of companies such as M-Pesa and the growing penetration of Internet & technology will have an unprecedented effect on financial inclusion, given that in sub-Saharan Africa three quarters of the adult population are without bank accounts. Digitalization will apply a downward pressure on transaction costs, encouraging micro trades and stimulating growth.
If forecasts are realized and technological advances continue at the current [...]Continue reading Africa’s path towards digitalization – Sector specific analysis »