Intelligent CIO Africa Issue 76 | Page 22

INFOGRAPHIC

Six countries account for 80 % unicorns , Africa must transform now

The BCG report , titled Charting Economic Opportunities in the New Digital Paradigm , suggests that digital technology is projected to have accounted for more than two-thirds of productivity growth over the last decade , and over the next decade , will account for 25 – 30 % percent of global GDP . Positioning economies appropriately can help them remain competitive , overcome productivity lags , and maintain resilience against internal and exogenous shocks . lags , and maintain resilience against internal and exogenous shocks .

Only six countries in the world account for more than 80 % of the world ’ s approximately 1,000 unicorns , companies with a valuation over $ 1 billion . Given that up to 25 % of job categories in developed economies such as the US stand the risk of becoming redundant over
For government decision-makers , the digital economy ’ s expansion carries major strategic implications . Digital technology is projected to account for more than two-thirds of productivity growth over the last decade . By 2030 , it will account for 25 % of global GDP . Positioning economies appropriately can help them remain competitive , overcome productivity
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