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African digital economy requires cross-border cooperation, in order to succeed


Africa still lags behind the rest of the world in its digital transformation, and despite all the greater number of innovative solutions, the continued lack of adequate infrastructure and connectivity hinders the continent from realizing their true economic potential. The best and quickest way to overcome the bar & # 39; EASURES, may lie in the increased cooperation between the two countries and their various regulatory agencies.

This is in line with Claude James, CEO of Global Group Voice (GVG) (www.GlobalVoiceGroup.com) – provider of IT solutions for governments and regulators – who says that while many African countries alone are working to to increase its infrastructure and digital capabilities, the most effective solution would be to approach these challenges from a regional perspective.

During a visit 5thCrans Montana Forum in Dakhla, Morocco, in March this year, Claude said that African governments play a crucial role in the adoption of the continent to the next stage in their digital evolution.

"Companies, universities and young entrepreneurs are more likely to contribute to the digital economy and stimulate innovation in Africa. The government must now work to help these players to the private sector to grow their solutions more quickly and affect real change on the continent. This will require a harmonization of the rules that allow businesses and services go beyond the borders of the country. "

Africa's potential as a global leader in the digital economy in the world is growing significantly every year. Africa's population is growing exponentially, and is expected to reach between 1.379 billion and 1.486 billion by 2025. In addition to this, the market penetration of digital technology is accelerating. Importantly, it is predicted that half of Africa's population is expected to be smartphones until 2020, which already goes a long way to overcoming the infrastructural bar & # 39; erav for digital conversion and & # 39; unity of people and services on the Internet.

"Based on this, the mobile money platform, such as M-Pesa has radically changed the way that the money distributed in the continent. E-commerce is also growing rapidly as a result of mobile money from online stores that accept mobile payments provide money even people without bank accounts to access a wide variety of goods. In addition, small and medium-sized enterprises are able to increase the & # 39; sales and overcome many of the limitations of infrastructure ".

Claude explains that the continent's governments should build on this by creating more digital services, based in Africa, contributing to a local technology companies, and continues to invest in education and incubators that allow citizens to have full access and benefit from the digital conversion.

"It is equally important to ensure that the regulatory authorities in each region and country have a clarity, transparency and the necessary data to make informed decisions that will help the digital economy between different jurisdictions. This is an area in which GVG already have a lot of experience, having been pioneers regulates technological solutions, RegTech on the continent ".

GVG provides assistance to regulators and government agencies to play an active and meaningful role in the development of the digital agenda. "Our solutions provide the basic data that helps regulate the migration from paper-based digital agencies. We will continue to play this role, and focus on the big data for better management, performance monitoring, income, fraud prevention, and Digital Identity. We believe that this will be the key components that enable citizens of Africa to become active participants in the digital economy, and not just consumers of digital goods imported. Digital ID will also be key to improving the delivery of better government services, "concludes Claude.

Distributed APO Group on behalf of the Global Voice Group.

Contacts for the media:
Margot Gatterizh
+27 (0) 84 296 2689

About Global Group Voice (GVG):
Founded in 1998 and currently in more than 20 countries, with main offices in Spain and South Africa, Global Voice Group (GVG) (www.GlobalVoiceGroup.com) has grown rapidly to become a significant supplier of world-class IT solutions for Governments and regulators.

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Claude James, CEO of GVG with P & # 39; EPAM Emmanuel Quirinius, CEO of Crans-Montana

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