‘Most lu­cra­tive IT busi­ness op­por­tu­ni­ties lie in Africa’

Daily Trust - - BUSINESS - By Daniel Adugbo

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.

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