By: Ruth Yared
African View, November 28, 2023
The U.S. Commercial Service and the African Development Bank have announced a new strategic collaboration in a move to drive digital transformation across Africa.
Unveiled on the sidelines of the Africa Tech Festival held in Cape Town, South Africa, this collaboration is expected to pave the way to a series of dialogues on how U.S. digital innovation can support development goals across Africa. Both parties will explore how African governments can collaborate with American technology firms to grow their economies and how U.S. businesses can tap into new opportunities in Africa's emerging markets.
Ashley Ndir, senior U.S. Commercial Liaison to the African Development Bank, emphasized, "We are at a turning point in Africa's technological advancement. By bridging insights from the U.S. private sector with Africa's vibrant markets, we aim to drive innovation and economic growth. This partnership is a testament to that mission."
Head of ICT Operations Nicholas Williams from the African Development Bank said, "Africa has made significant investments in pivotal infrastructure and policy enhancements to create an innovative digital economy. As Africa’s premier development finance institution, the African Development Bank will help push Africa's digital boundaries even further by forging strategic relations, building on historical investments and, more importantly, tapping into the energy of our young population, who are digital natives. We value the insights that the U.S. private sector may bring."
The initiative builds on the African Development Bank's $2 billion investment in digital infrastructure, which includes regional and national broadband development, creating favorable policy environments for private sector investments, scaling digital skills, and nurturing innovative enterprises among other schemes.
The Bank is expected to benefit from the U.S. Commercial Service's experience in fostering international trade. It was stated that the collaboration promises to champion the digital transformation in Africa, aiming for a future where technology empowers growth and prosperity. The partnership is anticipated to reaffirm the U.S. Commercial Service and the African Development Bank’s commitment to not only elevate digital capabilities in Africa but also to ensure the continent's potential is fully realized in the digital era.
Source: African Development Bank Group
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