Zambia’s tech ecosystem has experienced remarkable growth in recent years, and industry players are hailing it as the next major hub in Africa. Honourable Felix Mutati, the Minister of Technology and Science, shared insights about the country’s burgeoning tech industry.
The nation’s potential as a tech hub has attracted several international companies. Pan-African e-commerce startup Wasoko entered the Zambian market, citing high smartphone usage and a pro-business government committed to expanding the digital economy. Other tech companies, including Wi-flix, Liquid Intelligent Technologies, VALR, Chipper Cash, and inq., have also established a presence in Zambia.
The country’s tech ecosystem has garnered attention from influential figures as well. Vitalik Buterin, co-founder of Ethereum, expressed support for Zambia’s tech scene after visiting the country in 2019 and meeting President Hichilema in 2022.
To understand how Zambia has fostered a conducive environment for tech growth, Honourable Felix Mutati outlined five pillars that formed the foundation of Zambia’s digital transformation: digital government, digital financial inclusion, digital literacy and skills, digital infrastructure, and digital innovation and entrepreneurship.
Addressing these pillars required significant effort. Connectivity was facilitated through a combination of communication towers and satellites, aiming for 100% coverage by 2024. The country also focused on creating a national digital identity by harmonizing data to facilitate interoperability across the digital ecosystem. Cyber resilience was a priority to build trust and confidence in digital technologies.
Challenges arose, particularly concerning resistance to change. However, the government persevered, breaking down barriers and fostering collaboration with stakeholders, including the private sector.
Recognizing the pivotal role of technology, the Zambian government views the tech sector as a key driver of economic growth. By reducing transaction costs and boosting private sector growth, technology facilitates progress in various industries, including agriculture, mining, manufacturing, education, and healthcare.
For investors, Zambia presents a compelling case. The country is now bankable following a debt restructuring, and its commitment to the rule of law ensures a conducive business environment. The government is actively reviewing laws to ease the process of doing business and offering grants to support innovators.
Moreover, Zambia boasts extensive fiber connectivity, making it an ideal location for a technology hub. Collaborative efforts with neighboring countries are underway to enhance trade and ease cross-border operations.
In conclusion, Zambia’s tech ecosystem is on a trajectory to become Africa’s leading hub. The government’s dedication to digital transformation and partnership with stakeholders positions the country for further growth and investment opportunities. As Minister Felix Mutati emphasizes, the focus remains on tangible outputs rather than mere promises, setting a promising path for Zambia’s tech sector.
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