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Digitalizing Sub-Saharan Africa

Digitalizing Sub-Saharan Africa

FromIMF Podcasts


Digitalizing Sub-Saharan Africa

FromIMF Podcasts

ratings:
Length:
17 minutes
Released:
Jun 25, 2020
Format:
Podcast episode

Description

While connectivity in sub-Saharan Africa lags behind other regions, digitalization is advancing fast and being embraced by those who do have access. Some countries are now global leaders in mobile money transactions—with a share of GDP average close to 25 percent, compared to just 5 percent in the rest of the world. In a region where infrastructure is often lacking, digital technologies offer ways to break down or leap over barriers. IMF economists Preya Sharma and Martha Tesfaye Woldemichael are co-authors of the latest analytical chapter for the Economic Outlook for sub-Saharan Africa, which studies the impact of digitalization. In this podcast, Sharma and Woldemichael say expanding internet access in sub-Saharan Africa by an extra 10 percent of the population could increase real per capita GDP growth by 1 to 4 percentage points. TRANSCRIPT
Released:
Jun 25, 2020
Format:
Podcast episode

Titles in the series (100)

Listen to the World's top economists discuss their research and deconstruct global economic trends.