digitisation in africa
How Digitisation Can Lead to Real Change in Africa’s Competition Laws
Digitisation has ushered in an era of hyper-connectivity, marked by disruptive digital platforms that operate on a global scale. A recent Baker McKenzie report – Competition in the Digital Economy – an African Perspective – shows that, in Africa, this dynamic evolution of markets presents an opportunity for competition regulators to drive structural transformation and development. To effectively achieve this, though, competition authorities need to balance the importance of upholding the regulatory process with the promotion of innovation and investment. Lerisha Naidu, Partner and Head of the Competition & Antirust Practice Group at Baker McKenzie in Johannesburg, explains that digital markets are characterised by, among other things, multi-sided platforms, large returns to s...
4 Ways Digitisation Can Unlock Africa’s Recovery from COVID-19
Four steps to achieve a digital society for all Africans and avoid the stalling of African digitisation: 1. Bridging the digital divide Broad-based digitisation, especially for those people at the bottom of the pyramid, is an effective measure to ignite and sustain economic growth, and it starts with ensuring access to digital infrastructure for all. A study by the International Telecommunications Union (ITU) found that expanding mobile broadband penetration by just 10% in Africa would equate to an increase of 2.5% in GDP per capita. Yet, traditional models for investing in digital infrastructure do not stack up in many rural or remote areas, due to a combination of high deployment costs, regulatory barriers and poor returns on capital. /* custom css */ .tdi_3_101.td-a-rec-img{ text-align:...
