The future of the Internet, mobile phones, and jobs in Africa
The nexus between internet adoption and infrastructure, foreign direct investment (FDI), financial development, economic growth and job creation in African countries and elsewhere is clear. FDI provides the capital needed to build and grow businesses and the infrastructure on which they depend. Risi...
| Main Author: | |
|---|---|
| Other Authors: | |
| Format: | |
| Language: | English |
| Published: |
2020
|
| Subjects: | |
| Online Access: | https://hdl.handle.net/10356/142283 |
| _version_ | 1826121263922282496 |
|---|---|
| author | Rafiq Raji |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Rafiq Raji |
| author_sort | Rafiq Raji |
| collection | NTU |
| description | The nexus between internet adoption and infrastructure, foreign direct investment (FDI), financial development, economic growth and job creation in African countries and elsewhere is clear. FDI provides the capital needed to build and grow businesses and the infrastructure on which they depend. Rising incomes and population growth fuel increased consumption and drive economic growth. Information technology, in the form of the Internet and its links to mobile data services accessed by smartphones, provides African consumers with new value, generates increased demand for existing products and services, paves the path for last-mile order fulfillment, and by using real-time information to match the supply of and demand for labor, enables entirely new forms of employment such as those labeled as the gig economy. Subsequent sections of the paper highlight the internet-driven opportunities, the factors driving them, and the challenges and constraints for stakeholders. The paper concludes with recommendations on how Africans, their governments and key local and global stakeholders, can manage these variables effectively and sustainably for economic growth and job creation. |
| first_indexed | 2024-10-01T05:29:50Z |
| format | Newsletter |
| id | ntu-10356/142283 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:29:50Z |
| publishDate | 2020 |
| record_format | dspace |
| spelling | ntu-10356/1422832023-08-21T06:20:35Z The future of the Internet, mobile phones, and jobs in Africa Rafiq Raji Nanyang Business School Business Business::General Africa Technology The nexus between internet adoption and infrastructure, foreign direct investment (FDI), financial development, economic growth and job creation in African countries and elsewhere is clear. FDI provides the capital needed to build and grow businesses and the infrastructure on which they depend. Rising incomes and population growth fuel increased consumption and drive economic growth. Information technology, in the form of the Internet and its links to mobile data services accessed by smartphones, provides African consumers with new value, generates increased demand for existing products and services, paves the path for last-mile order fulfillment, and by using real-time information to match the supply of and demand for labor, enables entirely new forms of employment such as those labeled as the gig economy. Subsequent sections of the paper highlight the internet-driven opportunities, the factors driving them, and the challenges and constraints for stakeholders. The paper concludes with recommendations on how Africans, their governments and key local and global stakeholders, can manage these variables effectively and sustainably for economic growth and job creation. Published version 2020-06-18T06:19:49Z 2020-06-18T06:19:49Z 2019 Newsletter Rafiq Raji. (2019). The future of the Internet, mobile phones, and jobs in Africa. Africa Current Issues, 3. doi:10.32655/AfricaCurrentIssues.2019.03 https://hdl.handle.net/10356/142283 10.32655/AfricaCurrentIssues.2019.03 3 en Africa Current Issues This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0). application/pdf |
| spellingShingle | Business Business::General Africa Technology Rafiq Raji The future of the Internet, mobile phones, and jobs in Africa |
| title | The future of the Internet, mobile phones, and jobs in Africa |
| title_full | The future of the Internet, mobile phones, and jobs in Africa |
| title_fullStr | The future of the Internet, mobile phones, and jobs in Africa |
| title_full_unstemmed | The future of the Internet, mobile phones, and jobs in Africa |
| title_short | The future of the Internet, mobile phones, and jobs in Africa |
| title_sort | future of the internet mobile phones and jobs in africa |
| topic | Business Business::General Africa Technology |
| url | https://hdl.handle.net/10356/142283 |
| work_keys_str_mv | AT rafiqraji thefutureoftheinternetmobilephonesandjobsinafrica AT rafiqraji futureoftheinternetmobilephonesandjobsinafrica |