The fast-changing digital economy presents enormous prospects for the emerging economies of Africa. In Africa, the digital economy has emerged as an unstoppable giant that is growing at an unprecedented pace. Supporting this assertion, innovation commentators have conveniently argued that in the twenty-first century, we can ground the conditions for economic growth less on the accumulation of things and more on the flow of information, less on geographic centrality and more on electronic connectivity, and less on expanding consumption of scarce resources and more on intelligent management.
The KINGS of Africa’s Digital Economy describes the key developments in digital innovation in the five innovation-leading countries—Kenya, Ivory Coast, Nigeria, Ghana, and South Africa—referred to as the KINGS. The paper provides evidence to support the argument that the KINGS’ economies have the potential to bring forth Africa’s next zebracorn businesses.