Report: Less than 7% of African Businesses are Adopting Technology.

0 101

According to the paper that was published, economists from the World Bank and IFC examined data from a survey of 3,325 microenterprises in seven nations: Ghana, Kenya, Mozambique, Nigeria, Senegal, South Africa, and Tanzania. The poll found that microbusinesses that utilized computers and smartphones “reported 2.8 times greater rates of productivity, six times higher levels of sales, and 1.9 times the number of employees than non-users.”

Less than 7% of microenterprises reported using digital technology for business, according to the poll, which also revealed that 71% of respondents indicated they had “no need” for digital technologies.

The report claims that Sub-Saharan Africa will have 84 percent of the population have access to high-speed internet by 2021, up from an average of 25 percent in 2010.

It added that the increase in coverage had not yet resulted in a comparable uptick in connectivity. “44 per cent of the firms surveyed—and 69 per cent of agribusinesses—had no access to electricity.

Punch.

Leave A Reply