SDG Investor Map - Seychelles 2023 slide image

SDG Investor Map - Seychelles 2023

Digital Transformation: Business and e-Government Software Solutions Business Model Develop customized software and enterprise technologies, including inventory and supply chain management software, enterprise resource planning (ERP), customer relationship management (CRM), search engine optimization services, and conversion rate optimization, specifically for micro, small and medium enterprises (MSME), digital tools for ministries, departments and agencies (MDAs), government- to-citizen (G2C) and government-to-business (G2B) e-governance services. Development Need • • A limited supply of digital talent, wide fluctuations in electricity rates, and the high price of internet connectivity restrain the development of internet-based services and products. Few educational establishments are engaged in the sector. There is ample scope for creating a more enabling environment for the development of home-grown technological innovation and e-business, with incentives in place to allow for start-ups and/or established entities. Emerging Private Sector and Market Potential • • African start-ups raised over USD 4bn in 2021, growing by over 2.5 times in 2021. Seychelles can substantially contribute to this trend if the ICT sector is improved. After the approval of the Digital Economy Agenda, the Digital Economy Steering Committee was created. Policy and Regulatory Momentum The digital economy agenda could improve policy and regulatory environment by providing guidance and management structure for digital entrepreneurship and fostering the establishment of an ICT ecosystem in the country, notably with fintech labs, IT incubators, and IT academies that would complement the education policy regarding the bilingual characteristic of the Seychellois workforce.
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