As the biggest economy in Africa with one of the largest youth populations in the world, Nigeria is well-positioned to develop a strong digital economy. This would have a transformational impact on the country. In order to reap the benefits, Nigeria needs to focus on accelerating improvements in five fundamental pillars of a digital economy: digital infrastructure, digital platforms, digital financial services, digital entrepreneurship and digital skills. The Nigeria Digital Economy Diagnostic report identifies key challenges and opportunities of leveraging the digital economy for diversified and sustained growth. It provides an assessment of the state of Nigeria’s digital economy around the five foundational pillars. The report also offers specific, actionable recommendations to the government and private sector stakeholders to further Nigeria’s development of each pillar. The report was produced in the context of the Digital Economy (DE4A) initiative, an African Union initiative supported by the World Bank Group, which aims to digitally connect every person, business, and government in Africa by 2030.
Details
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Author
Lixi,Marc Jean Yves, Zottel,Siegfried, Neto,Maria Isabel A. S., Boroffice,Feyifolu Adeyosola, Karpinski,Karol, Lim,Lindsey Tan, Lawal,Maryam, Agapitova,Natalia, Adekola,Olatunde Adetoyese, Bra,Parminder
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Document Date
2019/12/01
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Document Type
Working Paper
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Report Number
140845
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Volume No
1
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Total Volume(s)
1
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Country
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Region
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Disclosure Date
2019/06/03
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Disclosure Status
Disclosed
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Doc Name
Nigeria Digital Economy Diagnostic Report
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Keywords
digital economy; creating markets; Global System for Mobile Communications; Technical and Vocational Education; Broadband; small and medium enterprise; access to digital technology; access to basic service; very small aperture terminal; Oil and Gas Sector; quality of public service; millennium development goal; national information infrastructure; electronic document management; education for all; Federal Ministry of Communications; ict for development; Federal Ministry of Education; million people; Venture capital companies; venture capital company; broadband infrastructure; digital skills; natural gas reserves; privileges and immunity; government policy maker; initial public offering; internet service provider; net job loss; access to broadband; mobile network; information and communication; consumer protection framework; international money transfer; online service delivery; economies of scale; point of entry; use of technology; public service delivery; special economic zone; private sector solution; risk of exclusion; population growth rate
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Citation
Lixi,Marc Jean Yves Zottel,Siegfried Neto,Maria Isabel A. S. Boroffice,Feyifolu Adeyosola Karpinski,Karol Lim,Lindsey Tan Lawal,Maryam Agapitova,Natalia Adekola,Olatunde Adetoyese Bra,Parminder
Nigeria Digital Economy Diagnostic Report (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/387871574812599817/Nigeria-Digital-Economy-Diagnostic-Report