{"id":17509,"date":"2020-11-13T20:23:10","date_gmt":"2020-11-13T20:23:10","guid":{"rendered":"https:\/\/www.africa-press.com\/kenya\/?p=17509"},"modified":"2020-11-13T20:23:10","modified_gmt":"2020-11-13T20:23:10","slug":"google-report-africas-tech-could-add-sh18tr-to-economy","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy","title":{"rendered":"Google report: Africa\u2019s tech could add Sh18tr to economy"},"content":{"rendered":"

AfricaPress-Kenya:<\/strong> Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing nearly $180 billion (Sh18 trillion), a new report says.<\/p>\n

The report released yesterday by Google and the International Finance Corporation (IFC) projects the potential contribution could reach $712 billion (Sh71.2 trillion) by 2050.<\/p>\n

Increased access to faster and better-quality Internet connectivity, a rapidly expanding urban population, growing tech talent pool and a vibrant startup ecosystem will be key to this growth.<\/p>\n

The African Continental Free Trade Area will also contribute to improving the continent\u2019s internet economy, the report said.<\/p>\n

\u201cThe digital economy can and should change the course of Africa\u2019s history,\u201d said IFC Chief Operating Officer and Interim Managing Director Stephanie von Friedeburg. \u201cThis is an opportune moment to tap into the power of the continent\u2019s tech startups for much-needed solutions.\u201d<\/p>\n

The report indicates that digital startups in Africa are driving innovation in fast-growing sectors including fintech, healthtech, media and e-commerce.<\/p>\n

\u201cGoogle and IFC have created this report to highlight the role the digital startup sector is playing and other factors driving the continent\u2019s growth, in order to showcase and support the opportunities the continent presents,\u201d said Google Africa Director Nitin Gajria<\/p>\n","protected":false},"excerpt":{"rendered":"

AfricaPress-Kenya: Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing nearly $180 billion (Sh18 trillion), a new report says. The report released yesterday by Google and the International Finance Corporation (IFC) projects the potential contribution could reach $712 billion (Sh71.2 trillion) by 2050. […]<\/p>\n","protected":false},"author":84,"featured_media":17513,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9],"tags":[6465,194],"class_list":["post-17509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","tag-africa-technology","tag-technology"],"yoast_head":"\nGoogle report: Africa\u2019s tech could add Sh18tr to economy - kenya<\/title>\n<meta name=\"description\" content=\"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing\" \/>\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\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google report: Africa\u2019s tech could add Sh18tr to economy\" \/>\n<meta property=\"og:description\" content=\"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-13T20:23:10+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"530\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Google report: Africa\u2019s tech could add Sh18tr to economy\",\"datePublished\":\"2020-11-13T20:23:10+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\"},\"wordCount\":216,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg\",\"keywords\":[\"Africa technology\",\"Technology\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\",\"name\":\"Google report: Africa\u2019s tech could add Sh18tr to economy - kenya\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg\",\"datePublished\":\"2020-11-13T20:23:10+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg\",\"width\":800,\"height\":530},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/kenya\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Google report: Africa\u2019s tech could add Sh18tr to economy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#website\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/\",\"name\":\"kenya\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Google report: Africa\u2019s tech could add Sh18tr to economy - kenya","description":"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy","og_locale":"en_US","og_type":"article","og_title":"Google report: Africa\u2019s tech could add Sh18tr to economy","og_description":"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing","og_url":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy","og_site_name":"kenya","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2020-11-13T20:23:10+00:00","og_image":[{"width":800,"height":530,"url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Google report: Africa\u2019s tech could add Sh18tr to economy","datePublished":"2020-11-13T20:23:10+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy"},"wordCount":216,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg","keywords":["Africa technology","Technology"],"articleSection":["all news","homepage-english","miscellaneous"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy","url":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy","name":"Google report: Africa\u2019s tech could add Sh18tr to economy - kenya","isPartOf":{"@id":"https:\/\/www.africa-press.net\/kenya\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg","datePublished":"2020-11-13T20:23:10+00:00","author":{"@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Africa\u2019s Internet economy has the potential to reach 5.2 per cent of the continent\u2019s gross domestic product (GDP) by 2025, contributing","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#primaryimage","url":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg","contentUrl":"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2020\/11\/google_report_afric5fada2e472036.jpg","width":800,"height":530},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/kenya\/miscellaneous\/google-report-africas-tech-could-add-sh18tr-to-economy#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/kenya\/"},{"@type":"ListItem","position":2,"name":"Google report: Africa\u2019s tech could add Sh18tr to economy"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/kenya\/#website","url":"https:\/\/www.africa-press.net\/kenya\/","name":"kenya","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/kenya\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/17509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/comments?post=17509"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/posts\/17509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media\/17513"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/media?parent=17509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/categories?post=17509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/kenya\/wp-json\/wp\/v2\/tags?post=17509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}