Pros and Cons of The Digital Ecomnomy
Can digitalizing businesses be as important as they say? Losing the social factor in business, is it worth it? Let's look at the pros and cons of the digital economy
Starting a business in a country where most aren’t digitally enabled can be daunting for any entrepreneur. However, it also presents a lot of opportunities. Digital technologies have already become crucial for commerce in the country. A recent review of the Ethiopian digital economy by Cepheus Capital reveals that there are over 570 businesses engaged in different sectors of the digital economy.
Internet penetration and literacy are increasing across the nation. It’s becoming more evident that businesses must look for digital solutions to adapt to a dynamic marketplace. The growing digital economy has facilitated the growth of various companies in different sectors, ranging from Fintech to E-learning.
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