Digital Economy: Niche For Job Creation

The advent of Information and Communication Technologies (ICTs) has heralded a paradigm shift in doing business with diverse opportunities for new jobs. Information and Communication Technologies (ICTs) offer varied opportunities capable of transforming lives of young people. One of those prospects is the propensity for new jobs in the domain. Cameroon government understands perfectly the concept and its imperatives in today’s contemporary world. This is why President Paul Biya in his end-of-year address to the nation on December 31, 2015 stated that “We must rapidly bridge the digital economy development gap. It is a genuine growth driver as well as a niche for new jobs for our youth.” The holding of an International Forum for Employment on July 12, 2017 in the nation’s economic capital on the theme “Digital Economy: At the Heart of Youth Employment,” is just another lever to get youth know the realities of the sector and opportunities therein. The Douala get-together is coming barely weeks after yet another international forum on digital economy that held in Yaounde from May 15 to 17, 2017 following instructions of Cameroon’s Head of State. Conscious of all these, the government has elaborated a Strategic Plan for the Development of Digital Economy 2016-2020. The plan placed under the Ministry of Post and Telecommunications projects the creation of 50,000 jobs by 2020 up from 10,000 direct jobs in 2016. It also intends to increase the contribution of the digital economy to the nation’s GDP from 5 per cent in 2016 to 10 per cent in 2020 as well as an upsurge in tax revenue from the sector to FCFA 300 billion from FCFA 136 billion within the same period. A series of other government projects such as the Digital Economy Globe Trotter aimed at identifying and funding youth projects are on course with over 200 of such projects already under scrutiny. The government has also been acquiring stateof- the-arts infrastructure such as the broadband, backbone cable amongst others to create an enabling environment for the likes of the Authur Zangs, the Churchill Nanjes and Alain Nteffs to emerge.

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