Africa Business Headlines

African digital economy could reach $721 bln by 2050, AfCFTA chief says

Africa’s digital economy could be worth $721 billion by 2050, the secretary general of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, told participants in Gitex Africa in Marrakech. The projection, cited from estimates by the International Finance Corporation (IFC), reflects accelerating growth in fintech, mobile internet usage and startup ecosystems across Africa, Mene […]