[kictanet] Senegal and Kenya lead in internet contribution to GDP in Africa.

[robert yawe]

Hi All,

I read that report and it is disappointing that we can actually celebrate such a blatant misuse of resources.

Regards

 
Robert Yawe
KAY System Technologies Ltd
Phoenix House, 6th Floor
P O Box 55806 Nairobi, 00200
Kenya


Tel: +254722511225, +254202010696



On Friday, 22 November 2013, 18:29, Bitange Ndemo <bitange at jambo.co.ke> wrote:
 
Esther,
In my view we now need to put a strategy in place on what to do with these
numbers.  It is dangerous when you are ahead of the pack.

Ndemo.



> In today’s news,
>
>>Senegal and Kenya lead in internet contribution to GDP in Africa.
>
> A report by McKinsey & Company has highlighted Senegal and Kenya as having
> the highest iGDPs (which measures the Internet’s contribution to overall
> GDP) in Africa. While the two were not the continent’s largest
> economies, the achievement was reached through governments in both
> countries having made concerted efforts to stimulate Internet demand.
> Africa’s iGDP remains low, at 1.1%-just over half the levels seen in
> other emerging economies and less than a third for developed countries.
> Senegal has a contribution of 3.3%, Kenya 2.9%, Morocco 2.3%, Mozambique
> 1.6% and South Africa 1.4%. Senegal ranks higher than Germany, India and
> France while Kenya ranks higher than Canada and China. The average for
> emerging markets is 1.9% while that of developed economies is 3.7%.
>
> The report expects internet’s greatest impact in Africa to be
> concentrated in six sectors: financial services, education, health,
> retail, agriculture, and government. It suggests that technology-related
> productivity gains in these sectors could reach USD 148-318bn by 2025,
> with large populations standing to benefit as a result.
>
> (McKinsey & Company, Standard Investment Bank)
>
>
>
>
>
> ============================
>
> Esther W. Muchiri, Executive Director
>
> Tel: +254-20-2394420     ::   +254-724-164346
>
> Email: emuchiri at andestbites.com      URL: www.andestbites.com
>
>
>
> ==================================================================
>
> Courage and initiative come when you understand your purpose in life.
>
>                                                                                           John
> C.
> Maxwell
> (Running
> with
> the
> Giants)
>
>
>
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University of Nairobi
Business School, Lower Kabete Campus



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