FIRCAD - The Fourth Industrial Revolution Consortium for Africa's Development, is a continental initiative aimed at fostering the development of fourth industrial revolution (4IR) economies of African countries. The Fourth Industrial Revolution (4IR) refers to the ongoing technological advancements that have the potential to profoundly transform societies and economies worldwide, including those in Africa.
The goals of FIRCAD are centered around empowering African countries to harness the opportunities presented by the 4IR, to address their developmental challenges, and to accelerate the transformation of their economies and societies in the technologically-driven 4IR era.
A continental Initiative aimed at fostering the development of fourth industrial revolution economies of African countries.
The FIRNED-Framework provides a comprehensive roadmap for African countries to navigate the complexities of the development of their 4IR economy. By categorizing initiatives into the FIRNED Pillars, the 4IR economy policymakers and stakeholders of African countries can prioritize their actions, allocate resources effectively, and ensure a coordinated approach toward achieving their nation's 4IR-driven economic development policies, strategies, and priorities.
Furthermore, the framework encourages a holistic and inclusive approach by addressing both foundational development initiatives and sector-specific strategies. This ensures that the necessary infrastructure, skills, and policies are in place while also promoting innovation, digital transformation, and collaboration in implementing superstructure development initiatives as well as other cross-cutting 4IR national economic development initiatives and programs.