ess. And the China-proposed Belt and Road Initiativ althoug

ugh criticized by much of the West, and the US in particular-could bring dramatic

improvements in physical and digital connectivity to Central Asia and parts of Africa.

Further advances in critical infrastructure will create important growth opportunities for developing countries via e-commerce, mobile paym

ents, and related financial services. The experience of China suggests that these digital platforms, and the ecosy

stems that develop around them, are powerful engines for incremental, highly inclusive growth.

China, of course, is a very large, homogenous market. If smaller, lower-income developing countries are to bene

fit from equally rapid inclusive growth, the digital platforms will have to be regional and international in scope.

Some are starting to emerge. Jumia, a Nigeria-based e-commerce

platform covering 14 African countries, recently went public on the New York Stock Exchange, am

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