February 24, 2026

Digital Transformation

Digital Transformation and the Informal Sector
Digital technology is no longer just a "tech" story; it is a formalization tool for the continent's massive informal economy
Employment Core: In Sub-Saharan Africa, 93% of new jobs are created in the informal sector.
The Smartphone Dividend: Research shows that informal firms using smartphones see a significant premium in productivity and sales compared to those using 2G devices.
Fintech Evolution: Mobile money has evolved from simple transfers to complex fintech platforms facilitating trade and credit, with transaction values in sub Saharan Africa reaching $490b.per annum 

No comments:

Post a Comment