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Tag: economic growth

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Rwanda South Korea trade ties
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Rwanda Seeks Stronger Ties with South Korea to Boost Trade and Investment

Rwanda seeks to build stronger partnerships with South Korea, focusing on human and technological capital and attracting more Korean investments to accelerate the country's shift from aid dependency to a trade-driven, industrialised industrialised economy. In an interview with The Korea Herald, Rwandan Minister of Foreign Affairs and International Cooperation Olivier Nduhungirehe emphasised that South Korea's…
September 27, 20240Comments

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China-Africa Cooperation: Driving Digital Transformation at FOCAC 2024
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China-Africa digital cooperation

The 2024 Forum on China-Africa Cooperation (FOCAC) Summit, scheduled in Beijing, will bring Chinese and African leaders together to discuss critical issues like trade, investment, and social development. A significant highlight of the summit is the growing cooperation in digital technology, which has become an essential driver of economic growth in Africa over the past…
September 7, 20240Comments

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Continental Artificial Intelligence Strategy
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The African Union’s AI Strategy: A Game Changer for Innovation and Growth in Africa

The recent endorsement of the "Continental Artificial Intelligence Strategy" by the African Union's Executive Council is a significant step towards accelerating AI adoption across Africa. This transformative plan is designed to foster innovation and drive economic growth by integrating AI into public and private sectors within member states. The urgency of this initiative is underscored…
September 1, 20240Comments

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No-code platforms in Africa
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No-code platforms in Africa

No-code development platforms, which empower software creation through graphical user interfaces and drag-and-drop configurations without traditional coding, hold immense promise for Africa. These platforms, by putting the power in the hands of local tech teams, enable them to design software applications tailored to their organizations' needs. This not only enhances efficiency and reduces costs but…
June 30, 20240Comments

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For more tech news and insights, visit Rwanda Tech News, and explore similar topics and trends in the world of technology.
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Digital Technology Adoption in African Businesses Remains Low Despite Potential Gains

Despite the positive correlation between digital technology and business productivity, a recent International Finance Corporation (IFC) report reveals that less than one in four African businesses intensively utilize advanced digital technologies. The report, based on data from Burkina Faso, Ethiopia, Ghana, Kenya, Malawi, and Senegal, shows that while 86% of firms with five or more…
June 13, 20240Comments

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zambia ai
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Zambia’s AI Strategy: A Blueprint for Technological Advancement

In an ambitious move to leverage cutting-edge technology, the Zambian government has initiated drafting a comprehensive artificial intelligence (AI) strategy. This strategic framework aims to guide the nation in harnessing the benefits of AI and other advanced technologies, ensuring they drive economic growth and innovation. Key Developments: Drafting the AI Strategy: Developing this AI strategy…
June 2, 20240Comments

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M-Pesa, mobile money service, financial inclusion
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M-Pesa Mobile Money Service

Few success stories shine as brightly as M-Pesa in rapidly embracing digital innovations. This pioneering mobile money service has transformed how people in Kenya and beyond manage their finances. However, it has also become a symbol of progress and empowerment. Revolutionising Financial Inclusion Launched in 2007 by Safaricom, M-Pesa was initially designed as a simple…
October 20, 20230Comments

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