President William Ruto has urged China’s Belt and Road Initiative to scale up its investment in Africa’s digital economy.
President Ruto said there was need for investments in the digital economy for the future.
The President noted that such investments will help increase the contribution of the digital economy to Africa’s GDP which currently stands at 4.5pc.
Speaking on Wednesday during the High-Level 3rd Belt and Road Forum for Cooperation in Beijing, China, he observed that investment in bandwidth infrastructure coupled with other infrastructure investments will propel Africa to the level of interconnectedness that guarantees meaningful transformation.
This, he said, will unlock Africa’s digital economy’s potential for inclusivity, democracy, and the empowerment of individuals and groups with global reach and limitless opportunity.
The Head of State in his call for more investment in the digital economy also highlighted Africa, specifically Kenya as a thriving hub for technological innovation.
At the same time, President Ruto told the forum to explore Africa’s abundant green energy resources to drive the global transition to green industrialization.
Earlier, China’s President Xi Jinping announced eight major steps China will take to support high-quality Belt and Road cooperation.
The major eight steps include; road connection network, participation in inter transportation cooperation forum, supporting world open economy and creation of pilot zones for e-commerce with more countries.