Critical Role for DFIs as 4IR Takes Centre Stage at GovTech 2023 - IT News Africa | Business Technology, Telecoms and Startup News

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As the tech industry prepares itself for the GovTech conference, policy makers should be using this opportunity to engage industry on the need

to create a diverse Information and Communication Technology skills ecosystem, the need to scale up the level of digital transformation and inclusive growth in the ICT sector, and most importantly addressing the concerns pertaining to how jobs will be repurposed to benefit the Fourth Industrial Revolution .

As a DFI, we are well poised to design and package funding solutions specifically aimed at enabling entrepreneurs in the ICT sector.At GovTech 2023, we will look into the advancement of smart cities where we have been working alongside state institutions and municipalities in the pursuit of ICT services in urban and rural areas, in order to improve the quality of life, efficiency of urban operation and wider services to citizens.

Another key area that DFIs are making a priority is the funding of high impact ICT projects that unlock digitization and ICT connectivity in rural areas across the African continent, this is in line with all developmental financial institution developmental objectives and thus ensuring that rural citizens are not left behind as the world transitions itself into a new digital age.

Additionally, the bank offers a comprehensive suite of products and services which include arranging and underwriting of debt, on balance sheet debt structures, project finance .

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