Sanwo-Olu seeks more investment as Africa’s digital economy hits $712b by 2050 | The Guardian Nigeria News - Nigeria and World News

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Lagos State Governor, Babajide Sanwo-Olu, has rallied global investors to look the way of Africa, especially Nigeria.Sanwo-Olu spoke, yesterday, in Marrakesh, Morocco.

Lagos State Governor, Babajide Sanwo-Olu, has rallied global investors to look the way of Africa, especially Nigeria.

He said Lagos remains the largest destination because of its positive business climate and policies of government.He explained that Africa has over 1.2 billion people, with 60 per cent under the age of 25 years. On access, he said the people are yearning for access, stressing that over 700 million are mobile enabled, while some 500 million people are connected to the Internet.

To realise this projection, it was revealed that governments are working to enable access to digital-first government, health care and education, and develop digital skills through capacity building and similar initiatives. According to him, GITEX Africa 2023 will also be the catalyst of multiple investment pledges and pubic-private partnership announcements, spearheading the acceleration of Africa’s digital transformation initiatives.

 

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