Nigeria, others missing in digital trade growth –UNCTAD - Punch Newspapers

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and other African countries are missing out on the boost in digital trade, despite the positive impact of the COVID-19 pandemic on the sector.

“The pandemic appears to be exacerbating existing divides by pushing countries with low levels of digitalisation further behind. This hampers their ability to engage in digital trade when it has become even more important,” it said. It said, “Countries have differed in the extent to which they have been able to benefit from demand for ICT products. The upward trend in ICT goods exports was driven by eastern and southeastern Asia, where they surged by eight per cent.

The report added, “The picture on imports is more mixed. While most regions registered declines in ICT goods imports in 2020, North America and Asia each saw an increase of four per cent, with the latter powered by demand in eastern and southeastern Asia. Oceania also registered some growth .

 

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