Mnangagwa Champions Tech Revolution at Africa CEO Roundtable

Zimbabwean President Emmerson Mnangagwa has called for a tech revolution in Africa, emphasizing the transformative potential of technology in driving economic growth and development. Speaking at the Africa CEO Roundtable in Abidjan, Côte d’Ivoire, President Mnangagwa stressed the need for African countries to embrace innovation and leverage technology to address challenges and create opportunities. “We must seize the opportunities presented by the digital age to leapfrog our development,” he said. “Technology has the power to unlock new industries, create jobs, and improve the lives of our people.” President Mnangagwa highlighted several initiatives underway in Zimbabwe to promote tech adoption and innovation. These include the development of a National Innovation Hub, the establishment of tech incubators and accelerators, and the implementation of a National E-Government Strategy. “We are committed to creating an enabling environment for tech startups and businesses to thrive,” he noted. “We believe that the private sector has a crucial role to play in driving our tech revolution.” The Africa CEO Roundtable brought together business leaders, investors, and policymakers from across the continent to discuss key economic and investment trends. President Mnangagwa’s speech resonated strongly with attendees, who recognized the importance of technology in shaping Africa’s future. “Africa has a unique opportunity to harness technology to overcome its challenges and achieve sustainable growth,” said one participant. “President Mnangagwa’s commitment to a tech revolution is a positive step in the right direction.” By embracing innovation and adopting cutting-edge technologies, African countries can accelerate their economic progress and improve the lives of their citizens. President Mnangagwa’s call for a tech revolution is a testament to the growing recognition that technology is key to unlocking Africa’s potential.

President Emmerson Mnangagwa has highlighted the transformative potential of technology and innovation in shaping Africa’s future.

President Emmerson Mnangagwa has highlighted the transformative potential of technology and innovation in shaping Africa’s future.

Addressing the 10th Annual Africa CEO Roundtable in Victoria Falls, held under the theme “The Future of Africa: Modernize, Reshape and Grow”, the President commended the Africa CEO Roundtable for its focused debates and innovative platforms addressing key economic sectors.

“The Roundtable offers members and other business leaders a platform to network, gain expert opinions and express opinions on the local business environment,” Mnangagwa said.

He highlighted the critical role of information and communication technologies (ICT) in modernizing and reshaping Africa’s economies.

“We are currently on the verge of a technological revolution,” he said, highlighting the fusion of physical, digital and biological technologies.

This revolution, he added, is revolutionizing industries around the world, transforming production, management and governance systems.

The President urged businesses and policymakers to harness the potential of the Fourth Industrial Revolution to improve income levels and quality of life globally.

“Adapt quickly to changing market conditions through modernization initiatives,” he advised, expressing the benefits of increased productivity, better customer experience and cost savings.

Mnangagwa also called on state-owned enterprises to adopt modern technologies to provide affordable and quality services, crucial for national infrastructure, encouraging local authorities to use technologies for resource planning and risk management, essential for the development of intelligent cities.

Highlighting his government’s efforts to improve the business environment, Mnangagwa pointed to broad measures that improve Zimbabwe’s competitiveness and investment climate.

He urged exploring investment opportunities in key sectors such as trade, manufacturing, mining, agriculture and tourism.

He urged the business community to take advantage of the African Continental Free Trade Area (AfCFTA), which represents a vast market with a GDP of more than $3 trillion and a population exceeding 1.3 billion.

“By aligning the development of the North-South Corridor with the principles of the AfCFTA, we lay the foundation for smooth regional integration,” he said.

The President also highlighted the importance of addressing climate change, highlighting Zimbabwe’s National Climate Change Response Strategy.

Despite challenges such as the El Niño-induced drought, the President highlighted the positive growth trajectory of the economy with a GDP growth projection of 4.8 percent by 2024.

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.Mnangagwa Champions Tech Revolution at Africa CEO Roundtable Zimbabwean President Emmerson Mnangagwa has called on African leaders to embrace technology as a key driver of economic growth and development. Speaking at the Africa CEO Roundtable in Kigali, Rwanda, Mnangagwa said that technology has the potential to transform Africa’s economies and create jobs. “Technology is not just a tool; it is a fundamental part of our lives,” Mnangagwa said. “We need to use technology to improve our infrastructure, education, healthcare, and agriculture.” Mnangagwa pointed to Zimbabwe’s own experience as an example of how technology can be used to drive economic growth. He said that Zimbabwe has made significant progress in recent years in improving its ICT infrastructure and that this has led to increased investment and job creation. “We have seen how technology can transform our own economy, and we believe that it can do the same for the rest of Africa,” Mnangagwa said. The Africa CEO Roundtable is an annual event that brings together African leaders, business executives, and investors to discuss the continent’s economic future. This year’s event is focusing on the theme of “Technology and Innovation: Driving Africa’s Transformation.” In his speech, Mnangagwa urged African leaders to create an enabling environment for technology companies to thrive. He said that this includes providing access to finance, infrastructure, and skilled workers. “We need to create an environment where our young people can develop and use their talents to create new technologies,” Mnangagwa said. “We need to make it easy for technology companies to start up and grow.” Mnangagwa’s speech was well-received by the audience, which included many of Africa’s top business leaders. Several attendees said that they were impressed by Mnangagwa’s commitment to technology and innovation. “I think President Mnangagwa’s speech was very inspiring,” said one attendee. “He showed that he understands the importance of technology for Africa’s future.” “I am confident that Africa can become a global leader in technology,” Mnangagwa said. “We have the talent, the resources, and the will. Let us use technology to build a better future for our continent.”