South Africa’s digital economy is the most developed in Africa and one of the fastest-growing in the world, according to an index released recently.
Developed by the company and the Fletcher School at Tufts University, it tracks a country’s movement toward digital evolution, gauges progress and assesses problems.
South Africa ranks 33 out of the 50 countries measured in digital readiness, defined by the markets’ ability to support and encourage digital commerce and payments.
In Africa, the country ranks ahead of Egypt (48), Kenya (49), and Nigeria (50) and has also emerged as the fourth-fastest growing digital economy behind China, Malaysia, and Thailand. – Source: SAPA