UfM and MWC join forces to promote digital transformation in the Euro-Mediterranean Region
July 1, 2021
The UfM and Mobile World Capital signed a Memorandum of Understanding to consolidate their cooperation through the pursuit of regional and international initiatives to achieve common objectives in the fields of digital transformation, bridging the digital gap and promoting digital skills and entrepreneurship.
Given its cross-cutting nature, the lessons of the pandemic, and its pertinence to a full spectrum of priority areas for the region, promoting digitalisation is an overarching goal of the UfM work. The recently issued Progress Report on Regional Integration clearly highlighted the need to build digital connectivity, invest in digital technologies and address the demand for digital skills in the UfM Region.
The report mentioned notably that in 2017, only 8% of SMEs in the wider MENA region had an online presence (compared to 80% in the United States) and only 1.5% of the region’s retailers were online.