To tap digital economy, let us support it

Digital economy

Successful innovations should then be supported through domestic consumption but with a strategy for foreign markets. 

Photo credit: Pool

What you need to know:

  • Local innovations are the right response to the growing dominance by multinationals.
  • With the right policy and support, this country can churn out its own multi-billion-shilling techpreneurs and the benefits will trickle down.

The digital economy is the fastest-growing sector, estimated at 15.5 per cent of the world’s GDP by Unctad’s “Digital Economic Growth Report 2019”, growing 1.7 times faster than the general economy. 

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