Sharp Daily
No Result
View All Result
Sunday, June 29, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ruto calls on global tech players to bet on Africa’s digital future

Brian Murimi by Brian Murimi
April 22, 2024
in News
Reading Time: 1 min read

President William Ruto of Kenya has urged global technology companies and investors to engage more closely with Africa, emphasizing the continent’s vast potential for digital innovation driven by its youthful population.

Speaking at the inaugural Connected Africa Summit in Nairobi on Monday, Ruto positioned Africa’s entrepreneurial youth as pivotal to expanding connectivity and accelerating the digital transformation sweeping the region.

“With their brilliant minds, they are actively contributing to the growth of the global technology sector marking out Africa as an indispensable hub of technological innovation,” Ruto said of Africa’s young digital pioneers. He highlighted how they are spearheading breakthroughs in fintech, agritech, renewable energy and digital services, leveraging technology to tackle socioeconomic challenges.

However, Ruto acknowledged major connectivity gaps persist in Africa. Despite an internet penetration rate of 36% translating to 473 million users, fixed broadband access stands at just 5% across the 1.4 billion population. “We must be concerned by the fact that our rate of connectivity is poorer than the existing potential,” he warned, noting the region lags other markets globally.

RELATEDPOSTS

Kawira dismisses Ruto’s Meru tour, vows 2027 comeback

March 25, 2025

Ruto reshuffles government to boost economic transformation

March 21, 2025

He championed the Connected Africa Summit as a platform to craft a policy roadmap for bridging digital divides and empowering Africa’s digital economy. “Closing the digital divide is a priority in terms of enhancing connectivity, expanding the contribution of the ICT sector to Africa’s GDP and driving overall GDP growth,” he stated.

Eliud Owalo, Kenya’s ICT Cabinet Secretary, echoed Ruto’s calls for greater investment saying: “The Summit provides a unique opportunity for global technology leaders to forge partnerships that can unlock transformative solutions tailored for African markets.” He cited expanding broadband accessibility and enhancing affordability as key priorities.

Previous Post

Kenyan Shilling declines against US Dollar once more

Next Post

Murkomen denies reports of forming team to probe General Ogolla’s plane crash

Brian Murimi

Brian Murimi

Brian Murimi is a journalist with major interests in covering tech, corporates, startups and business news. When he's not writing, you can find him gaming, watching football or sipping a nice cup of tea. Send tips via bireri@thesharpdaily.com

Related Posts

News

Private vs Public Pension Funds in Kenya

June 27, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025

LATEST STORIES

Private vs Public Pension Funds in Kenya

June 27, 2025

The mechanics of currency manipulation

June 27, 2025

Understanding how to access your pension savings in Kenya.

June 27, 2025

What happened to president Ruto’s economic dream?

June 27, 2025

Opinion: Populism feeds votes, not growth

June 27, 2025

Competitive advantages of small businesses

June 26, 2025

Opinion: Invest in sports for national prosperity

June 26, 2025

Ethiopia’s access to Eritrean ports is a game-changer for trade

June 26, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024