South Africa Digital Economy Assessment
An assessment of South Africa’s digital economy has been launched as part of the World Bank Group’s digital economy for Africa (DE4A) initiative, which leverages an integrated and foundations-based diagnostic framework to examine the present level...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/699031586325347439/South-Africa-Digital-Economy-Assessment-Digital-Entrepreneurship-Pillar http://hdl.handle.net/10986/33632 |
| Summary: | An assessment of South Africa’s digital
economy has been launched as part of the World Bank Group’s
digital economy for Africa (DE4A) initiative, which
leverages an integrated and foundations-based diagnostic
framework to examine the present level of digital economy
development across Africa. The assessment will map the
current strengths and weaknesses that characterize the
national digital economy ecosystem, as well as identify
challenges and opportunities for future growth. Rapid
digital transformation is now re-shaping the global economy,
permeating virtually every sector and aspect of daily life -
changing the way one learns, work, trade, socialize, access
public and private services and information.
Well-functioning digital economies are thus expected to
achieve faster economic growth, offer innovative products
and services, as well as create more job opportunities.
Assessing where strategic investments and interventions need
to be made is a critical first step to enabling digital
economy growth. This background paper will provide an
overview of digital entrepreneurship in South Africa. |
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