PRIVATE-SECTOR-DEVELOPMENT-AND-EMPOWERMENT-STRATEGY-2024-Through-ICTs

CONTENT

The Private Sector Development and Empowerment Strategy (2024–Through ICTs) of The Gambia focuses on leveraging information and communication technologies (ICTs) to foster private sector growth, enhance competitiveness, and promote economic empowerment. It aligns with the ICT for Development Policy Statement (2018–2028) and emphasizes innovation, inclusivity, and sustainability.

Main Objective

The strategy aims to create an enabling environment for private sector development through ICTs, driving economic growth and empowering businesses and individuals.

Specific Objectives

1. Infrastructure Development: Expand and improve ICT infrastructure to support private sector activities.

2. Capacity Building: Train entrepreneurs and businesses to effectively utilize ICT tools and platforms.

3. Access to Finance: Facilitate access to financial services and resources for private sector growth.

4. Policy and Regulation: Develop frameworks to support private sector innovation and ICT adoption.

5. Market Access: Enhance access to local and international markets through digital platforms.

6. Community Engagement: Promote awareness and adoption of ICTs among businesses and communities.

Summary

The Private Sector Development and Empowerment Strategy (2024–Through ICTs) outlines a comprehensive framework to address challenges in private sector development, such as limited access to technology, finance, and markets. Key measures include:

• Expanding ICT infrastructure to bridge the digital divide.

• Developing partnerships with stakeholders, including private and public entities.

• Promoting digital literacy and ICT adoption among businesses.

• Enhancing monitoring and evaluation systems to track progress and adapt strategies.

• Supporting innovation and entrepreneurship to drive economic growth.

The strategy envisions a digitally empowered private sector that contributes to national development and aligns with global sustainability goals.