The World Bank has decided to support Kenya in additional digitization projects in light of the news that Kenya intends to digitize all of its official records.
Kenya’s digital transformation will be accelerated with the help of Sh1.5 billion from the World Bank. The Kenyan government announced about two weeks ago that all of its public records would be digitalized within the following five years.
In response, the World Bank is assisting the nation of East Africa in its goal to develop into a more vibrant hub for digital investment, innovation, and growth through its Single Digital Market (SDM) initiative.
This partnership between Kenya and the World Bank aims to promote the growth and integration of the connectivity market while also establishing the necessary institutional legal, regulatory, and ICT frameworks to advance digitalization in the region.
By establishing cyber-security frameworks, infrastructure, and capacity building, the project would also investigate the growth of the region’s data market.
The development of cross-border electronic trade, payments, and e-commerce initiatives are among the other 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 Kenyan government and the World Bank in depth discussed the proposed project. Peter Mathuki, the secretary general of the EAC, and a team from the World Bank led by Mohammed Essakali, manager of regional integration in Africa, and Casey Torgusson, global manager of digital development, were present.
The EAC Secretary General mentioned during the meeting that this kind of initiative cuts across its partner states and revealed that there are plans to create more regional digital innovation hubs throughout East Africa in order to address the digital challenges on the continent.
According to Mathuki, “this support will further improve the region’s competitiveness and skills development, which are essential for a successful digital transformation.”