‘Most lucrative IT business opportunities lie in Africa’
Favourable regulatory environment and increased investment in capacity building are some of the factors that could help Africa close the huge gap between it and developed markets in the next 20 years.
Chairman, Digital Africa Global Consults Limited, Dr. Evans Woherem, made the disclosure during the media unveiling of the 2014 Digital Africa Conference & Exhibition in Lagos.
He added that Information and Communication Technology is a bright spot for the African continent that must be seized to move ahead confidently.
Dr. Woherem said available data showed that Africa is a passive consumer of technology products that must be galvanized into becoming a dominant innovator and producer.
According to Dr. Woherem, Africa lags behind other continents of the world in technology acquisition. Other continents, especially the Americas, Europe and Asia seem to be on steroids in acquiring and adopting new technologies. He regrets that in Africa, there is no sense of urgency in this regard at all.
On her part, Ms. Nneoma Ofodile, Chief Executive Officer, Digital Africa Global Consults Limited, said the company was incorporated in Nigeria to promote activities that lead to increased level of innovation in Africa and provide a gateway for international companies interested in setting up presence and growing their businesses in Africa.
“In line with our vision of driving innovation and effective use of digital technology in Africa, the 2014 edition of Digital Africa Conference & Exhibition, which is the second edition, will also host the 19th World Electronic Forum. The theme of the event is “Towards Digital Singularity in Africa” and deliberations at the conference will proffer solutions that would enable Africa make significant advancement towards competing strongly in the global digital market,” she said.