Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report

Zambia’s seventh national development plan (7NDP) sets ambitious targets for economic growth and poverty reduction. Technology can play an important role as Zambia advances this vision for economic transformation. The introduction of digital system...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/340701590035450025/Accelerating-Digital-Transformation-in-Zambia-Digital-Economy-Diagnostic-Report
http://hdl.handle.net/10986/33806
id okr-10986-33806
recordtype oai_dc
spelling okr-10986-338062021-09-17T04:00:43Z Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report World Bank DIGITAL TRANSFORMATION DIGITAL TECHNOLOGY DIGITAL INFRASTRUCTURE DIGITAL SKILLS ENTREPRENEURSHIP E-GOVERNMENT DIGITAL PLATFORM INTEROPERABILITY DIGITAL FINANCIAL SERVICES FINTECH FINANCIAL TECHNOLOGY Zambia’s seventh national development plan (7NDP) sets ambitious targets for economic growth and poverty reduction. Technology can play an important role as Zambia advances this vision for economic transformation. The introduction of digital systems can also have a transformative effect on government. Improved access to digital technologies and effective use of data and digital systems can thus be powerful tools in the quest to increase private sector productivity, enhance public sector efficiency and effectiveness, and improve the accountability of both the public and private sectors. This digital economy diagnostic assesses Zambia’s strengths and weaknesses with respect to five pillars that together form the foundation upon which the benefits of digital transformation can be realized. These pillars are digital infrastructure, digital skills, digital entrepreneurship, digital platforms, and digital financial services. This analysis finds that Zambia has made significant strides on its path to digital transformation over the past few years. Progress is particularly evident in digital infrastructure, digital financial services, and digital platforms, while more significant gaps remain in digital skills and digital entrepreneurship. This report suggests that the digital transformation strategy include four strategic: (1) promoting greater use of digital technologies in the economy, (2) reducing government transaction costs and reducing the cost of doing business through digitally optimized government systems, (3) improving the adoption of innovative digital solutions by enabling entrepreneurship, and (4) leveraging data and digital systems to improve sector-specific outcomes in secondary towns and rural areas. 2020-05-26T16:20:51Z 2020-05-26T16:20:51Z 2020 Report http://documents.worldbank.org/curated/en/340701590035450025/Accelerating-Digital-Transformation-in-Zambia-Digital-Economy-Diagnostic-Report http://hdl.handle.net/10986/33806 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Infrastructure Study Africa Zambia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DIGITAL TRANSFORMATION
DIGITAL TECHNOLOGY
DIGITAL INFRASTRUCTURE
DIGITAL SKILLS
ENTREPRENEURSHIP
E-GOVERNMENT
DIGITAL PLATFORM
INTEROPERABILITY
DIGITAL FINANCIAL SERVICES
FINTECH
FINANCIAL TECHNOLOGY
spellingShingle DIGITAL TRANSFORMATION
DIGITAL TECHNOLOGY
DIGITAL INFRASTRUCTURE
DIGITAL SKILLS
ENTREPRENEURSHIP
E-GOVERNMENT
DIGITAL PLATFORM
INTEROPERABILITY
DIGITAL FINANCIAL SERVICES
FINTECH
FINANCIAL TECHNOLOGY
World Bank
Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
geographic_facet Africa
Zambia
description Zambia’s seventh national development plan (7NDP) sets ambitious targets for economic growth and poverty reduction. Technology can play an important role as Zambia advances this vision for economic transformation. The introduction of digital systems can also have a transformative effect on government. Improved access to digital technologies and effective use of data and digital systems can thus be powerful tools in the quest to increase private sector productivity, enhance public sector efficiency and effectiveness, and improve the accountability of both the public and private sectors. This digital economy diagnostic assesses Zambia’s strengths and weaknesses with respect to five pillars that together form the foundation upon which the benefits of digital transformation can be realized. These pillars are digital infrastructure, digital skills, digital entrepreneurship, digital platforms, and digital financial services. This analysis finds that Zambia has made significant strides on its path to digital transformation over the past few years. Progress is particularly evident in digital infrastructure, digital financial services, and digital platforms, while more significant gaps remain in digital skills and digital entrepreneurship. This report suggests that the digital transformation strategy include four strategic: (1) promoting greater use of digital technologies in the economy, (2) reducing government transaction costs and reducing the cost of doing business through digitally optimized government systems, (3) improving the adoption of innovative digital solutions by enabling entrepreneurship, and (4) leveraging data and digital systems to improve sector-specific outcomes in secondary towns and rural areas.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
title_short Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
title_full Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
title_fullStr Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
title_full_unstemmed Accelerating Digital Transformation in Zambia : Digital Economy Diagnostic Report
title_sort accelerating digital transformation in zambia : digital economy diagnostic report
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/340701590035450025/Accelerating-Digital-Transformation-in-Zambia-Digital-Economy-Diagnostic-Report
http://hdl.handle.net/10986/33806
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