Because a good job is the most powerful
weapon in overcoming poverty .
Let’s generate great jobs!
This is known as Economic Convergence – where governments converge towards the requirements for business and investors to engage. The Digital Transformation, built on the framework of Economic Convergence, is needed more than ever due to the economic effects of COVID and high levels of debt that have decreased aid funding. The market is ready as a large young population is now motivated through technology, while multi-national businesses are requiring resources and new markets, governments need to digitally reach their citizens but also increase tax collections.
It is estimated that each year over $1.3 trillion of private investment sits on the sidelines just for Africa alone – waiting for the right business conditions.
Newdea has developed proprietary solutions, modeled from the success of countries like Singapore, South Korea, Hong Kong, Taiwan, and Dubai. Economic Convergence is built on sound business policies versus relying on natural resources. By building on this knowledge and utilizing the benefits of the digital economy, developing countries can accelerate economic convergence and independence in half the time.