UN Report: Local Software Can Spur Development in Africa

Local software production and development can spur economic growth in Africa and other developing economies, says a report by the UN Conference on Trade and Development.
The ‘Information Economy Report 2012’ shows that information and communications technology (ICT) software and services are dominated by the developed world but developing economies are catching up.
It says that piracy, poor ICT infrastructure and inadequate protection of intellectual property rights are some of the major challenges hindering ICT software development and service expansion in developing regions such as Africa.
However, for Africa and the Middle East the biggest challenge to the software industry is limited access to venture capital.
The report urges governments in developing countries – significant buyers of software – to help the software sector by putting in place policy measures to facilitate the development of affordable ICT infrastructure and introducing legal frameworks to protect intellectual property rights.
Enhanced access to ICTs in developing countries is widening opportunities in areas including health, education, governance and business creation and expansion, according to the report.
“Software production can contribute to the structural transformation of economies – that is, wean them away from dependence on low-technology goods and on a limited number of products for export,” the report states.
Kenya and South Africa top the continent in supplying software and services for domestic consumption, with areas of focus being smartphones and tablets, as well as mobile applications driven by mobile broadband Internet services.
“Software development is strategic for Africa’s development as it offers a lot of opportunities,” said Aida Opoku-Mensah, Director of the ICT and Science & Technology Division of the UN Economic Commission for Africa (UNECA), at the launch.
“Adapting software to local contexts helps firms to manage resources better, obtain information more efficiently and [set up] cost-effective business operations,” she said.
Software development in African nations also creates market opportunities for developers and boosts learning, innovation and job creation in those countries, she explained.

spot_img
spot_img
spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Reinforces Capital Markets Leadership Through Dangote Refinery IPO

Stanbic IBTC Holdings Plc has reinforced its position as...

CBN Bags NES Distinguished Organisation Award for Economic Reforms

The Central Bank of Nigeria (CBN) has received the...

Leadway Assurance Backs ISSP Initiative to Deepen Insurance Penetration, Consumer Trust

Leadway Assurance, Nigeria’s leading insurance services provider and a...

RMB Nigeria Advises on BOI’s N274.18bn Domestic Bond Issuance

L-R: Head, Debts Capital Markets, RMB Nigeria, Laju Atake;...

LG Electronics Highlights Seven Home Appliances at IFA 2026

As routines and lifestyles evolve across Europe, consumers are...

Topics

Anchor Insurance CEO, Ebose, Tasks Media Practitioners on Insurance Growth

R-L: Mr. Chuks Okonta, New Chairman of NAIPCO; Mr....

The Future of Work in Nigeria: GE Report

General Electric Nigeria yesterday released a whitepaper titled "The Future...

Union Bank Honoured as Best in Workplace Practice at Seras Awards

L-R: Head, Strategic Communications and Media Relations, Union Bank,...

NSIA Unveils Radio Campaign to Reach Clients, Grow Market Share

NSIA Insurance starts off the second quarter of the...

‘Mobile Money will Enhance Low-cost Insurance in Africa’

Eugene Adogla Director of Operations, MicroEnsure Ghana Mr. Eugene Adogla, Director...

Africa Pension Awards 2016: Call for Nomination

African countries now have the platform to showcase their...

Public Voting Commences for NHEA 2025 Nominees

Moses Braimah NHEA Director, Marketing, Communication & Strategy The countdown...

‘Digital Era to Define Future of Insurance Industry’

Mr. Eddie Efekoha, President & Chairman of Council, Chartered...
spot_img

Related Articles

Popular Categories

spot_imgspot_img