Africa’s Digital Growth
By Li Peng, President: Huawei Southern Africa Region Rapid advancements in information communications technologies (ICT) over the past 20 years has substantially altered the ways in which people live, work, play and interact with one another. The World Bank’s World Development Report shows that ICT has a positive effect on a country’s economy, with a 10% increase in broadband penetration being associated with a 1.4% increase in gross domestic product (GDP) growth in emerging markets. Driving growth and job creation Digitisation also has the greatest employment effect. According to the World Bank statistics, every 10% increase in broadband penetration will lead to 2% to 3% increase of employment rate. In 2016, China’s digital economy created 2.8 million jobs, accounting for 21% of the total new jobs. Japans 2015 White Paper on Information and Communications indicates; if small businesses can fully adopt ICT technologies such as cloud services, they will be able to create abou...