Siemens says digitalisation could give africa $300m boost
Africa’s economy stands to gain a potential US$300 million by 2026 through the adoption of digitalisation in industrial sectors.
This is according to the Siemens 2017 African Digitalisation Maturity Report which has found that digital technology will drive African development rather than disrupt it and “future business leaders will be drawn from the 200 million African aged between 15 and 25 who are early adopters of technology.”
The Report measures the extent to which African countries have the business, legal and regulatory environments to support digitalisation, as well as infrastructure indicators – such as access to international bandwidth, mobile network coverage and mobile phone penetration, costs of broadband and mobile phone access.
Siemens said it reviewed Africa’s manufacturing, energy and transport industries, based on their culture of innovation, digital operations and digital customer offerings.
The company described South Africa as ‘Africa’s digitalisation leader’ because of its diverse economy and high quality broadband infrastructure.
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