How Africa can generate wealth from its data

Data

By 2030, Africa's data economy is projected to be worth $290 billion.

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Every day, the world generates 2.5 quintillion bytes of data. Africa, home to 1.4 billion people and one of the fastest growing mobile populations on earth, contributes a significant and rising share of that torrent.

By 2030, the continent's data economy is projected to be worth $290 billion. Yet Africa's share of actual value captured from the global data economy remains below three percent. The data is here. The wealth it should be generating is not. The gap between those two facts is not a technology problem. It is a governance problem.

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Note: The results are not exact but very close to the actual.