{"id":174071,"date":"2024-04-23T04:09:30","date_gmt":"2024-04-23T04:09:30","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/04\/23\/ruto-challenges-global-players-to-bet-on-africa-and-its-brilliant-youth\/"},"modified":"2024-04-23T04:09:30","modified_gmt":"2024-04-23T04:09:30","slug":"ruto-challenges-global-players-to-bet-on-africa-and-its-brilliant-youth","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/04\/23\/ruto-challenges-global-players-to-bet-on-africa-and-its-brilliant-youth\/","title":{"rendered":"Ruto Challenges Global Players to Bet on Africa and Its Brilliant Youth"},"content":{"rendered":"<p><\/p>\n<div>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-312232\" alt=\"\" width=\"937\" height=\"533\"  data-lazy- src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/04\/connectedafrica.jpg\"\/><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-312232\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/04\/connectedafrica.jpg\" alt=\"\" width=\"937\" height=\"533\"  \/>President William Ruto Monday officially opened the inaugural Connected Africa Summit 2024, taking place at Uhuru Gardens, Nairobi.<\/p>\n<p>Speaking during the official opening ceremony, President Ruto placed the African youth at the centre of the digital transformation agenda in the continent, noting that they are a fundamental constituency as builders and beneficiaries of a digitally-enabled society that will propel the success of everyone in the continent.<\/p>\n<p>He noted that the young African talents, driven by their bold creativity and indomitable entrepreneurial spirit, are at the forefront of pioneering advances in Fintech, agri-tech, renewable energy and digital services.<\/p>\n<p>\u201cWith their brilliant minds, they are actively contributing to the growth of the global technology sector marking out Africa as an indispensable hub of technological innovation. They are a generation which has been socialized to internalize technology as a basic need and way of life that is essential not only for economic growth but also as a vital tool for solving the most pressing challenges of our time,\u201d he said.<\/p>\n<p>The president further stated that through the Summit, the continent will lay a sustainable foundation of connectivity and empower its people to achieve the UN Sustainable development goals as well as the AU\u2019s Agenda 2063.<\/p>\n<p>President Ruto however noted that the continent still has a long way to go in getting ready for the digital economy and the future of work noting that the continent\u2019s internet penetration rate stands at 36 percent, which translates to 473 million users, in a continent of 1.4 billion people. The current pace of development, he said means the numbers are likely to increase by 300 million by 2030.<img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-312233\" alt=\"\" width=\"990\" height=\"592\"  data-lazy- src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/04\/connectedafricasummit.jpg\"\/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-312233\" src=\"https:\/\/www.ghanamma.com\/wp-content\/uploads\/2024\/04\/connectedafricasummit.jpg\" alt=\"\" width=\"990\" height=\"592\"  \/><\/p>\n<p>\u201cWe must therefore be concerned by the fact that our rate of connectivity is poorer than the existing potential: Despite these connections, fixed broadband penetration in Africa is only about 5 per cent, which leaves us far behind other regions of the globe,\u201d he said, adding that this reality carries dire implications to the continent\u2019s ambition for connectivity and economic transformation through the digital economy.<\/p>\n<p>Under the African Continental Free Trade Area (AfCFTA), the President said that Africa aims to harness Pan-African integration to expand the collective GDP from $1.7 trillion to $2.5 trillion by 2030.<\/p>\n<p>\u201cThis ambition must be complemented by a strong commitment to bridge the huge digital divide which undermines our continent\u2019s growth prospects. Globally, Africa\u2019s digital infrastructure coverage, access, and quality lags behind other regions. Yet it does not have to be this way, because the most transformative interventions are a decision away,\u201d he said highlighting the variances in connectivity amongst people in the region.<\/p>\n<p>\u201cClosing the digital divide is a priority in terms of enhancing connectivity, expanding the contribution of the ICT sector to Africa\u2019s GDP and driving overall GDP growth which will be attained through determined interventions to significantly increase access to broadband services, and to enhance both service quality and affordability which will intensify job creations and poverty reduction,\u201d he added.<\/p>\n<p>The Connected Africa Summit 2024, held under the theme, \u201cShaping the Future of a Connected Africa: Unlocking Growth Beyond Connectivity\u201d, is a high-level international forum for key African Policy and decision-makers aimed at shaping the future of Africa\u2019s Digital Economic Landscape. The week-long Summit will build on the achievements of the Connected Summit which has for the last 14 years convened top global ICT thought leaders and policymakers to champion innovative ideas and partnerships that leverage technology.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>President William Ruto Monday officially opened the inaugural Connected Africa Summit 2024, taking place at Uhuru Gardens, Nairobi. Speaking during the official opening ceremony, President Ruto placed the African youth at the centre of the digital transformation agenda in the continent, noting that they are a fundamental constituency as builders and beneficiaries of a digitally-enabled [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":174072,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-174071","post","type-post","status-publish","format-standard","has-post-thumbnail","category-kenya-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ruto Challenges Global Players to Bet on Africa and Its Brilliant Youth - Ghanamma.com<\/title>\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.ghanamma.com\/2024\/04\/23\/ruto-challenges-global-players-to-bet-on-africa-and-its-brilliant-youth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ruto Challenges Global Players to Bet on Africa and Its Brilliant Youth - Ghanamma.com\" \/>\n<meta property=\"og:description\" content=\"President William Ruto Monday officially opened the inaugural Connected Africa Summit 2024, taking place at Uhuru Gardens, Nairobi. 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