World Bank Invests $390 Million in Kenya’s Digital Economy 

Apr 26, 2023 · 1m 29s
World Bank Invests $390 Million in Kenya’s Digital Economy 
Description

The World Bank Group Board of Directors just gave Kenya a digital high-five with a whopping $390 million in financing for its Kenya Digital Economy Acceleration Project. This project is...

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The World Bank Group Board of Directors just gave Kenya a digital high-five with a whopping $390 million in financing for its Kenya Digital Economy Acceleration Project.
This project is all about widening the doors to the digital economy for everyone in Kenya through high-speed internet, better education and government services, and building skills for the regional digital economy.
TechMoran reports that the Kenya Digital Economy Acceleration Project is going to take a multi-phase approach.
Phase one will run from 2023–2028. It will entail expanding internet access, improving education and government services, and teaching more Kenyans digital skills. Then, phase two, from 2026–2030, will kick it up a notch with a data-driven and secure environment for enhanced digital service delivery and innovation.
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Author Africa Business Radio
Organization Africa Business Radio
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