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Least developed countries remain inadequately prepared to capture the opportunities of digitalization, making international cooperation all the more important, a new study says.
If the transformative power of digitalization is effectively harnessed, it can significantly contribute to prosperity in Africa.
Speakers at UNCTAD's eCommerce Week say that uneven patterns of digitalization could create a new class of poverty - the digital poor.
Everyone is affected by the rules and the realisms of trading business or personal data online, but unprecedented cooperation is needed to manage this impact.
Lessons from Alibaba may be the key for young African entrepreneurs pushing for a bigger slice of the digital pie while readying for a growing African online market.
Donors need to do more to ensure that developing countries can meet the challenges, and reap the benefits, of the digital economy.
