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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal style='margin-bottom:10.0pt;text-align:justify'><span style='font-family:"Calibri","sans-serif";color:black'>In today’s news,</span><span style='font-size:16.0pt'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:10.0pt;text-align:justify'><b><span style='font-family:"Calibri","sans-serif";color:black'>>Senegal and Kenya lead in internet contribution to GDP in Africa.</span></b><span style='font-family:"Calibri","sans-serif";color:black'> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:10.0pt;text-align:justify'><span style='font-family:"Calibri","sans-serif";color:black'>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%. <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:10.0pt;text-align:justify'><span style='font-family:"Calibri","sans-serif";color:black'>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. <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:10.0pt;text-align:justify'><span style='font-family:"Calibri","sans-serif";color:black'>(McKinsey & Company, Standard Investment Bank)</span><span style='font-size:16.0pt'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>============================<o:p></o:p></span></p><p class=MsoNormal><b><span style='font-size:11.0pt;font-family:"Cambria","serif";color:#0F243E'>Esther W. Muchiri, Executive Director<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Cambria","serif";color:#0F243E'>Tel: +254-20-2394420 :: +254-724-164346<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Cambria","serif";color:#0F243E'>Email: emuchiri@andestbites.com URL: www.andestbites.com<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>==================================================================<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#C00000'>Courage and initiative come when you understand your purpose in life.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'> <i>John C. Maxwell (Running with the Giants)<o:p></o:p></i></span></p></div><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p></div></body></html>