HARMONIZING TECHNOLOGY RESOURCES FOR INTRA-AFRICA TRADE: A DIGITAL TRANSFORMATION PERSPECTIVE.
DOI:
https://doi.org/10.69889/ijlapt.v1i06.68Keywords:
Technology Infrastructure; Innovations; Tools and Systems; Enablers and Digital Transformation.Abstract
In today's interconnected world, the framework of ICT infrastructure acts as the bedrock for enabling economic growth, allowing innovation, and furthering sustainable development. This paper undertakes a deep dive into critical components constituting appropriate technology infrastructure and its central role in the digital transformation journey. The paper relates how changing fortunes of digital transformation are bringing efficiency across industries and revolutionizing many sectors, by examining its multi-dimensional impact. A major concern of this research is related to digital transformation implications on intra-African trade. The paper looks into the myriads of challenges faced by the African nations in harmonizing their technological resources, which include gaps in ICT development, regulatory challenges, and the digital divide. Despite these challenges, the paper also highlights some of the opportunities that digital transformation presents for improving trade within the continent. Such opportunities include better supply chain management, improved market access, and the possibility of creating new business models with the use of digital platforms.
The paper also identifies strategic approaches that can easily help to realize such barriers in seamless trade within Africa. It discusses regional cooperation and policy harmonization for the realization of an enabling environment to achieve that growth of ICT. The role of public-private partnership to drive infrastructural development and innovation is further assessed, outlining successful case studies and best practices within and outside the continent. This paper heightens the call for concerted effort in harnessing the full potentials of ICT infrastructure in Africa. The digital transformation, with the challenges and opportunities it presents, needs to be harnessed into a factor for extraordinary intracontinental trade growth that engenders broad-based economic growth and sustainable development of African economies. The ideas in this paper shall help give critical insight to policymakers, industry players, and researchers on steps leading to an integrated and economically buoyant Africa.
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