Thursday, April 25

Day: May 19, 2021

Is Digitization a solution for sustainable development in Kenya?
Business

Is Digitization a solution for sustainable development in Kenya?

The process of digitization can contribute to the growth of developing countries, such as Kenya, particularly by promoting the development of the private sector and financial inclusion. The deployment of high-speed Internet access improves productivity and therefore the growth potential of businesses. The spread of mobile financial services encourages the fluidity of transactions, entrepreneurship and the formal sector, facilitating the mobilization of fiscal resources, a major challenge for developing countries. For its effects on development to be sustainable, the risks associated with digitalization must be controlled. See also: Kenya EOR By default, the development of new information and communication technologies (NICT) increases the productivity of businesses. The use of...