DCA DIGITAL DIGEST: COVID-19 COULD ACCELERATE AFRICA’S DIGITAL TRANSFORMATION

DCA Digital Digest

DCA Digital Digest: Banks take on telcos for mobile banking domination

1. Banks take on telcos for mobile banking domination

Banks are competing heavily with telcos for the dominance of the future of mobile banking: with only 34% of Africans holding a bank account, mobile operators are currently leading the pack with over 85% mobile phone penetration

2. Experts: Cyberattacks Put Africa at Special Risk

The cybersecurity infrastructure, most of the [African] countries don’t have it. And those who’ve got it, it’s in a very infancy level, Africa as a continent loses over 2.5 billion U.S. dollars a year to cybercrime. And over $500 million is from Nigeria
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3. Africa Day Celebrated on Twitter

Thursday the 25th of May marks the continent wide day of celebration known as Africa Day. Below are some of the best reactions on twitter:.
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4.  Satellites-Africa: Reaching Beyond the Stars

These nations and others are making plans to deploy satellites, allowing for technology transfer between countries, regionally, and worldwide. In addition, local Universities and Space Agencies are leading many of these initiatives. Currently, there are Space Agencies located in Algeria, Ghana, Nigeria, South Africa, and with Egypt and Kenya on the way.
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