Browsing: The investment in the Digital and Creative Enterprises programme

I-DICE-partners
  • AfDB estimates that the size of global digital wealth will skyrocket from $217 billion in 2022 to over $1 trillion by 2031. 
  • The Investments in Digital and Creative Enterprises programme launched in Abuja ushering in a new era for the continent.
  • Nigeria accounts for almost 30% of Africa’s funded ventures, with at least 180 startups.

The African Development Bank (AfDB) has launched The Investment in Digital and Creative Enterprises (I-DICE) program in Abuja. This marks one of the latest initiatives to boost Africa’s digital transformation which the AfDB estimates will generate $712 billion by 2050 in Africa and $1 trillion in global value by 2030.

This program comes at a defining moment as Africa expands its exports of digital and creative services beyond the continent spurring the rise of new unicorn startups.

The I-DICE is an initiative that partners with the Federal Government of Nigeria. It aims to promote entrepreneurship