{"id":12186,"date":"2022-12-18T11:46:56","date_gmt":"2022-12-18T11:46:56","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation"},"modified":"2022-12-18T11:59:15","modified_gmt":"2022-12-18T11:59:15","slug":"world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation","title":{"rendered":"World Bank commits Sh1.5 billion to hasten EAC digitisation"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>World Bank has allocated about Sh1.5 billion to enhance and fast-track regional digital integration efforts across the East African Community (EAC).<\/p>\n

The bank through its Single Digital Market (SDM) initiative aims at supporting the region to become a more deeply integrated and dynamic digital investment, innovation, and growth hub.<\/p>\n

The project will focus on connectivity market development and integration, which entails creating an enabling legal, regulatory, and ICT institutional environment to enhance digitalisation in the region.<\/p>\n

The project scope was deliberated on in a meeting held at the World Bank offices in Washington, D.C, between the EAC Secretary General Peter Mathuki and the World Bank team led by Mohammed Essakali, Manager, Africa Regional Integration and Casey Torgusson, the Global Manager, Digital Development.<\/p>\n

Mathuki noted that EAC is looking at establishing regional digital innovation hubs across the Partner States to respond to digital challenges.<\/p>\n

\u201cThis support will further enhance the region\u2019s competitiveness and skills development that are central to successful digital transformation,\u201d he added.<\/p>\n

Further, the project will look into data market development with the setting up of cyber-security frameworks, infrastructure and capacity building.<\/p>\n

The digitalisation project will further look into enhancing mechanisms to develop cross-border electronic trade and payments and e-commerce initiatives.<\/p>\n

The Secretary General further added that the EAC plans to implement Smart Gates at its One-Stop Border Posts, which will help to track regional trade and reduce the time taken at borders through migration processes.<\/p>\n

The project is aligned with the EAC strategic objective and commitment to move towards a single digital market in the Community.<\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. World Bank has allocated about Sh1.5 billion to enhance and fast-track regional digital integration efforts across the East African Community (EAC). The bank through its Single Digital Market (SDM) initiative aims at supporting the region to become a more deeply integrated and dynamic digital investment, innovation, and growth hub. The project will […]<\/p>\n","protected":false},"author":84,"featured_media":12185,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[242,243,233],"class_list":["post-12186","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nWorld Bank commits Sh1.5 billion to hasten EAC digitisation - Eritrea<\/title>\n<meta name=\"description\" content=\"World Bank has allocated about Sh1.5 billion to enhance and fast-track regional digital integration efforts across the E ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Bank commits Sh1.5 billion to hasten EAC digitisation\" \/>\n<meta property=\"og:description\" content=\"World Bank has allocated about Sh1.5 billion to enhance and fast-track regional digital integration efforts across the E ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-12-18T11:46:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-18T11:59:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2022\/12\/postQueueImg_1671351562.82.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"611\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"World Bank commits Sh1.5 billion to hasten EAC digitisation\",\"datePublished\":\"2022-12-18T11:46:56+00:00\",\"dateModified\":\"2022-12-18T11:59:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\"},\"wordCount\":281,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2022\/12\/postQueueImg_1671351562.82.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/world-bank-commits-sh1-5-billion-to-hasten-eac-digitisation\",\"name\":\"World Bank commits Sh1.5 billion to hasten EAC digitisation - 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