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Digital Economy: Why Africa must facilitate MSMEs to leapfrog devt


By Juliet Umeh
G
lobal pandemic, Covid-19, no doubt, has negatively impacted the world economy and Africa is not exempted.
Studies and economy experts have predicted that Africa needs digital infrastructure for its  Micro, Small, and Medium Enterprises, MSMEs, to leapfrog development, create jobs and accelerate economic recovery post-Covid-19.
Making this assertion recently, Chairwoman, Jumia Nigeria and Head of Institutional Affairs, Jumia Group, Juliet Anammah, said Africa needs millions of jobs that will provide meaningful work and provide people with a pathway out of poverty.
She noted that in March 2019, a study published by Boston Consulting Group projects that digital marketplaces operating in Africa like Jumia can create an additional three million jobs by 2025. ....

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