With purchases and transactions increasingly moving away from cash and towards digital channels during the pandemic, both central banks and private institutions around the world are continuing to explore the potential of digital currencies.
Africa ICT
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The proliferation of digital innovations that allow people to work from home and make transactions online has been key to mitigating some of the challenges of the coronavirus. However, this digital shift has also heightened the threat of cyberattacks, particularly in emerging markets.
Around the world, national and municipal governments have been deploying smart city technology in the fight against the coronavirus, using it to track the spread of the pandemic and support the implementation of medical strategies. As well as demonstrating the value of smart technologies, these new applications are helping shape the future of smart cities.
Online video gaming is one of the fastest-growing sectors in the global tech landscape. With Covid-19 lockdown measures creating a captive audience, an estimated $159.3bn will be spent on games this year, according to a recent report from analytics firm Newzoo – a growth rate of 9.3%. The market is forecast to surpass $200bn by 2023.
In a bid to contain the outbreak, on March 14 Senegal was the first sub-Saharan African country to close its schools. The country has also adopted a host of other measures, including travel restrictions and bans on cruise ships, public gatherings and events.