Policymakers' Panel: State of Foundational Digital Infrastructure

hqdefault-Jul-06-2023-10-29-41-6506-AM

 

Synopsis: 

Africa stands at a critical juncture in its digital transformation journey. With over 60% of its population under 25 and 54 diverse economies, the continent faces both unprecedented opportunities and unique challenges in building foundational digital infrastructure. For Africa's SMEs, who struggle with informality and limited access to finance, DPI represents a pathway to formalization and growth. Interoperable payment rails can enable cross-border trade aligned with African Continental Free Trade Area (AfCFTA) goals.

However, building inclusive DPI in Africa requires addressing complex challenges around digital literacy, cybersecurity, data governance, and ensuring that infrastructure investments don't exacerbate existing inequalities. The panel discussed the opportunities and challenges in building Foundational Digital Infrastructure, as well as regional coordination and interoperability frameworks that could support continental integration while respecting national sovereignty.

 

 

Speakers:
Ghita Erling, Chief Executive Officer, Payments Association of South Africa
Jean d'Amour Ishimwe, Head Enterprise Security, Pan African Payment and Settlement System (PAPSS)
Melvyn Lubega, Partner, Breega

 

Moderator:
Tim Masela, Former Head, National Payment System Department, South African Reserve Bank


 

 


 

 
 

Sign up for the monthly GFTN newsletter