The African Telecommunications Union says the continent needs digital innovation to spill over into all segments of business and society to strengthen Africa’s digital economy. “According to the World Bank, Africa requires $100 trillion to achieve full digital transformation, and no one, in the public or private sector, has the capacity to do this alone,” noted ATU general secretary John Omo.
Read: Ramaphosa’s reform agenda gets a broadband boost Nic Rudnick, group deputy executive chair at Liquid Intelligent Technologies, echoed a similar perspective, saying regulators in some countries have been assertive but that many other countries have not experienced the same fortune, with regulators impeding the rollout of new generation networks. “I think some regulators need to understand that sometimes keeping out of the way of the industry is the best way to encourage development.
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