Digital Economy
East Africa's digital economy is expanding rapidly, and Tier III data centres are emerging as the ideal solution for reliable infrastructure. These facilities provide high availability without the excessive costs of higher tiers. Experts emphasize their importance for businesses and governments in the region.
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Egypt’s digital exports reached $7.4 billion over the past seven years, a 124% increase from $3.3 billion in 2018, Minister of Communications and Information Technology Amr Talaat announced. He noted that the communications and information technology (ICT) sector has been the fastest-growing in the economy, with annual growth rates between 14% and 16%.
Kenya has been ranked as Africa's fastest-growing digital marketplace, surpassing Nigeria and South Africa in internet advertising. According to PwC's latest report, the country boasts a 16% compounded annual growth rate. This shift highlights a broader migration from traditional media to online platforms.