In the wake of new challenges and its prolonged oil-dependency, Equatorial Guinea's government is aiming for economic diversification as a key course of action for growth and stability.
Malabo — In the wake of new challenges and its prolonged oil-dependency, Equatorial Guinea 's government is aiming for economic diversification as a key course of action for growth and stability. The adoption of digital technologies has the potential to increase the productivity of Small and Medium-sized Enterprises and stimulate innovation, increasing productivity, and create high-skilled jobs in Equatorial Guinea .
"Looking at the size of Equatorial Guinea's economy, digital marketplace platforms can help firms to expand and access other markets, which could be especially important to stimulate the development of the private sector in the country,"The report further provides a series of specific, actionable, and prioritized recommendations for Equatorial Guinea to develop a vibrant, safe, and inclusive digital economy.
"Going forward, it is essential for the Government of Equatorial Guinea to undertake concerted reform efforts across the five pillars, while addressing the following cross-cutting issues: Improving data quality, coverage, and usage; improving institutional coordination and access to reliable electricity; strengthening the implementation of the legal and regulatory framework; and bridging the island-continental digital divide and gender gap,").
AllAfrica is a voice of, by and about Africa - aggregating, producing and distributing 500 news and information items daily from over 100 African news organizations and our own reporters to an African and global public. We operate from Cape Town, Dakar, Abuja, Johannesburg, Nairobi and Washington DC.
News Politics Economy Trade Business Sports Current Events Travel International Organizations And Africa External Relations Aid And Assistance Equatorial Guinea Central Africa
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Central Africa: UNFPA Equatorial Guinea Contributed to the Historic First Forum On Gender Equality Held in Equatorial GuineaPress Release - The inaugural National Forum on Gender Equality, 'Agenda Igualdad,' concluded successfully on May 11th, 2024, marking a significant milestone in the commitment to gender equality of Equatorial Guinea.
Read more »
Frik Potgieter and Peter Huxham: Families plea to free South Africans jailed in Equatorial GuineaThey say they were arrested because assets belonging to Equatorial Guinea's vice-president were seized.
Read more »
Petition launched for release of WC men detained in Equatorial GuineaFrik Potgieter (54) from George and Peter Huxham (55) from Langebaan was arrested in February last year after officials found drugs in their luggage, days after luxury assets of Equatorial Guinea’s Vice-President Teodore Nguema Obiang were seized in South Africa.
Read more »
Guinea: In Guinea, the Prosecution Asks for Life SentencesOn trial for the 2009 massacre in Conakry stadium, former junta leader and ex-president of Guinea, Moussa Dadis Camara, risks life in prison, as the prosecutor requested at the end of his closing arguments. Six other accused risk the maximum sentence. Twenty months after the opening of this historic trial, the time for the verdict is approaching.
Read more »
Guinea: Easing Guinea's Food Insecurity - the IMF's Food Shock WindowAnalysis - IMF emergency financing has supported Guinea's efforts to cope with the effects of macroeconomic shocks, underpinned by the authorities' commitment to transparency in the uses of these funds
Read more »
More than 670 estimated dead in Papua New Guinea landslide: UNMore than 670 estimated dead in Papua New Guinea landslide: UN
Read more »