Digital infrastructure plays a crucial role in the development and prosperity of a society. This DLD24 conversation between Wale Ajisebutu (21st Century Technologies) and Anthonia Adenaya Huard (Business Sweden) highlights the importance of fiber networks, data centers, and payment platforms for economic growth, health and financial services, education and much more.
Africa has a population of more than 1.4 billion people, yet “we account for just 1% of the global digital economy”, Ajisebutu notes. This contrasts with Europe’s 750 million people who contribute 22% to the global digital economy, he says.
The key to catching up is building a modern digital infrastructure, the Nigerian entrepreneur believes.
Watch the video to find out how Ajisebutu grew his company from small beginnings to a regional giant, where he sees challenges in growing Africa’s digital infrastructure and what advice he has for tech investors from around the world.