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Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

IN February 2024, African heads of state adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africa’s digital economy fits into the broader trade agreement, designed to create a single continental market for the free movement of goods, services, capital and people. Franziska Sucker explains the protocol, why it matters and what still needs to be done. What is digital trade, and how big is it in Africa? Digital trade refers to the cross-border exchange of goods, services and other tradable items that is enabled by digital technologies. Africa’s market share of…
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South Africa’s internet space is getting hotter

South Africa’s internet space is getting hotter

A surge in internet connectivity and speeds will amplify opportunities within South Africa's already flourishing digital economy, executives in the sector believe. Africa-focused news platform Innovation Village reported the 2Africa subsea cable project is expected to be operational in the Rainbow Nation in 2024. “We expect 2Africa West and 2Africa East to be live by the end of the year,” David Eurin, the CEO of Liquid Dataport, a subsidiary of Cassava Technologies involved in implementing the project, told Innovation Village. The subsea cable, which landed in Gqebera in the Eastern Cape and Amanzimtoti in KwaZulu-Natal last year and in Yzerfontein…
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Sunset for Africa’s 2G and 3G networks looming

Sunset for Africa’s 2G and 3G networks looming

CONRAD ONYANGO, BIRD STORY AGENCY AFRICAN countries have begun retiring legacy networks - 2G and 3G - as the continent’s burgeoning digital economy raises the demand for faster and more efficient internet connectivity. Spectrum auctions, mobile financing arrangements and the mass roll-out of 5G networks are all seen accelerating the shift to high-speed networks across key markets on the continent. South Africa, Seychelles, Botswana, Ethiopia, Tanzania, Nigeria and Zimbabwe have rolled out commercial 5G services over the last two years. “Many operators and governments are determining that the older 2G and 3G technologies as well as the spectrum allocated to…
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Kenya and South Africa offer insights into digital economy challenges and alternatives

Kenya and South Africa offer insights into digital economy challenges and alternatives

THE World Bank is warning of the real danger of a massive economic downturn across the world. In a recent analysis it warned that many countries – including those in sub-Saharan Africa – will be facing economic challenges due to rising food and fuel prices. At the same time, however, there is unshakeable optimism around the growth potential of African economies as a whole and specifically the digital economy. The rapid rise of tech hubs and startups in urban areas in sub-Saharan Africa in recent years seems to support that. Many observers have, therefore, identified the digital economy as an…
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