Cape Town - African countries are not equipped to transition to a Fourth Industrial Revolution economy and even the most tech-savvy countries on the continent, such as South Africa, lags developed countries.
This is according to the latest Africa Competitiveness Report, which was launched on the sidelines of the World Economic Forum (WEF) on Africa that took place in Durban last week.
The report analyses the competitiveness of African countries, but place their individual performance in the larger context of the Global Competitiveness Report that assesses the competitive landscape of 138 economies the world over.