How Has Digitalisation Impacted the Economies of African Countries?

Abstract

Digitalisation has been transforming industries around the world and impacting economies. The pace of digital transformation across countries has been asymmetric. This study examines digitalisation's impact on African countries' economic growth. Digitalisation is expected to improve operational efficiency, productivity, better communications, and enhanced consumer experience, catalysing economic growth for African countries. For our research objectives, we employ data from forty African countries for the period of 2000-2020. Our results indicate that investments in digitalisation are expected to contribute to economic growth in African countries. Key proposals are provided in the paper's conclusion to promote Africa's sustainable economic growth.