The expansion of telecommunications infrastructure can have a substantial multiplier effect for the broader economy in poor countries, and Africa in particular is taking the lead on mainstreaming mobile payments over the rest of the world.
Those are two main takeaways for development professionals in a new report released by the Paris branch of BearingPoint, a global management and technology consulting firm based in Amsterdam. Titled “The Role of Technology in International Business Development,” the report surveyed 3,000 executives from 800 leading French companies and touched on how the introduction and expansion of technology by businesses can lead to greater economic and social development gains.
Jean-Michel Huet, BearingPoint partner and author of the study, believes technology truly has the potential to bring sustainable development to poor countries.