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AfDB: Nearly one billion CFA francs to strengthen the ecosystem in 10 African countries

20/12/2021
Categories: Sectors

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The African Development Bank Group (AfDB) has approved nearly one billion CFA francs to Smart Africa Alliance to strengthen the ecosystem in 10 African countries. This grant will assess policy gaps in the digital trade and e-commerce ecosystems in relevant countries.

Funds released from the African Development Fund, the Bank's concessional window, will be disbursed to the Smart Africa Alliance, an alliance of 32 African countries, international organizations and global corporations with the aim of creating a single digital market. in Africa by 2030. The project will study the political environment in 10 countries, including Côte d'Ivoire, Benin, Ghana, Liberia, Uganda, South Sudan, Zimbabwe, Republic of Congo, São Tomé and Príncipe and Democratic Republic of Congo.

Smart Africa will consult with public and private sector actors to develop an online training program that will directly benefit 600 stakeholders (including government officials, small and medium enterprises, private sector mobile network operators) and indirectly 2,500 others.

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