Kenya’s reform of its digitalization will receive assistance from the World Bank. Sh1.5 billion has been donated to the cause by the Bank. In a conference in Washington DC, between representatives of the World Bank and the Kenyan government, this development was reached.
The World Bank has chosen to assist Kenya in further digitization projects in response to the news that Kenya intends to digitize all of its government data. Kenya’s digital transformation is being accelerated by an Sh1.5 billion commitment from the World Bank. The Kenyan government stated about two weeks ago that, over the following five years, all of its official records will be digitalized.
As a result, the East African nation is receiving help from the World Bank through its Single Digital Market (SDM) project as it works to become a more vibrant center for digital investment, innovation, and growth. The goal of this partnership between Kenya and the World Bank is to promote the growth and integration of the connection market while also establishing a supportive legal, regulatory, and institutional ICT environment that will accelerate regional digitalization.
By putting in place cyber-security frameworks, infrastructure, and capacity building, the project would also investigate how the data market in the area would grow. The growth of cross-border electronic trade and payments as well as e-commerce efforts are additional goals of the World Bank’s partnership with Kenya.
In a meeting held at the World Bank’s office in Washington, DC, representatives from the World Bank and the Kenyan government talked in-depth about the planned project. Peter Mathuki, the secretary general of the EAC, and a group from the World Bank led by Mohammed Essakali, manager of regional integration in Africa, and Casey Torgusson, global manager of digital development, were there.
To address the digital challenges in the continent, the EAC Secretary General revealed during the meeting that plans are being made to establish more regional digital innovation hubs throughout East Africa. The EAC Secretary General noted during the meeting that this kind of initiative cuts across its partner states.
“This support will further enhance the region’s competitiveness and skills development that is central to successful digital transformation,” Mathuki stated.
