By Zainab Bakare
The World Bank has unveiled a strategy to expand internet access, lower digital connectivity costs and improve access to online services in developing countries.
World Bank President, Ajay Banga, said digital technology could help countries create jobs, improve productivity and make better use of limited resources.
In a statement on Monday, Banga says achieving these benefits would require reliable internet connections, affordable devices, digital skills and access to useful online services.
The bank said developing countries face mounting pressure to create jobs for their growing working-age populations. About 1.2 billion people in these countries are expected to reach working age over the next 10 to 15 years, while only about 420 million jobs are projected to be created.
Under the strategy, the World Bank plans to support digital infrastructure, reduce the cost of entry-level smartphones and broadband services, and expand access to digital services. It will also explore targeted applications of artificial intelligence.
The bank said the digital divide remains wide, with only 23 per cent of people in low-income countries using the internet, compared with 94 per cent in high-income countries.
The strategy aims to bridge this gap by making digital technology more accessible and affordable, while expanding opportunities for employment and economic growth.
