The webinar held on 13 November 2024 focused on digital trade and its potential for Africa’s prosperity. Panelists discussed various aspects of digital trade, including e-commerce, policy frameworks, infrastructure challenges, and financial services. Key points included the need for improved internet connectivity, especially in rural areas, and the importance of developing robust data protection and cybersecurity laws across the continent.
The discussion highlighted the potential of mobile money services, like M-Pesa in Kenya, in facilitating digital transactions and financial inclusion.
Panelists emphasized the importance of adapting global digital trade practices to suit African contexts and needs. They discussed the challenges of last-mile delivery and the role of postal services in bridging this gap.
The African Continental Free Trade Area Agreement was highlighted as a crucial framework for harmonizing digital trade policies across the continent.
The need for digital literacy programs and capacity building, especially for youth and women, was stressed as essential for leveraging Africa’s demographic dividend in the digital economy.