According to African Development Bank, Uganda’s GDP is projected to grow by 6.7% in 2024. Embracing the technology renaissance will be key to innovation and collaboration to drive the country’s economic growth, digital transformation, and success. Leveraging technology for social impact and economic growth underscores the immense potential of Uganda’s talent in shaping a brighter future for the generations to come.
As we continue to push the boundaries of what’s possible in tech, data engineering, and entrepreneurship, this article highlights the adoption of digital skillset and the impact it will have on businesses in this digital era of evolution.
- Supporting entrepreneurship and innovation
Digital skills will boost innovation because skills will be gained for the development of innovative ideas and solutions in various sectors that contribute to economic development such as; e-commerce, fintech and digital payments, health tech, agri tech, digital innovation, e-learning, and clean energy.
- Fusing the technological gap
Arming most of the population in both urban and rural settlements of the country with knowledge of technology and entrepreneurship integration creates a harmonious ecosystem, balanced development hence high economic growth. This will also curb alienation of some regions’ development, create employment opportunities, and build creativity and problem-solving skills. Bridging the gap can happen in schools, tech hubs, or selected service points with internet.
- Building Uganda’s infrastructure
Technological infrastructure will ensure the country invests in quality fibre cabling and invest in a vibrant system that will appeal to local and multinational cum global investors. Proper infrastructure provides a reliable environment for operations and innovations, efficiency, and a robust economy.
- Youth empowerment
The youth are our future leaders and business moguls, their empowerment will never be in vain. Learning equips the youth with esteemed and highly demandable skills that expose them to global opportunities for jobs, education, entrepreneurship boot camps, and investors in various sector arrays.
The relationship between investors, Ugandan entrepreneurs, and governments in this digital era will be sustained through policies and business models that elevate the host countries through employment opportunities for the locals, economic growth, tax remittance, and positive societal impact through Corporate Social Responsibility.
Collaboration is also key for the achievement of the United Nations Economic Commission for Africa (UNECA) projection of Africa’s economic growth from an average of 3.3% in 2023 to 3.5% in 2024. We have to set favorable fiscal and financial policies, proper project planning, and unwavering government support.
If we believe in ourselves, dare beyond horizons, take risks, and be intentional while utilizing our skills and natural resources, then the revolution shall indeed be televised.
The evolution will be a testament to Uganda’s tech resilience, and the impact will reverberate far beyond geographical boundaries.
Editor’s Note: Morris Musyoka, a budding software engineer, mathematician, and African entrepreneur provided this article to PC Tech Magazine