Neo-Economy and Militating Effects of Africa's Profile on Cybercrime

The neo-economy includes all businesses that wholly exist or make critical use of the internet. They operate in all parts of the world and are very developed in some parts and tender in other parts. In Africa, the neo-economy is likely the best thing that has occurred in the continent since the independence era. The opportunities of this economy in Africa are however drained by the infamous profile of Africa in cybercrime. This article is anchored on the containment theory and adopted secondary sources of data such as journal articles, newspaper publications and policy briefs to discuss how this infamous profile has hindered the successes of businesses in the neo-economy and key actions that could be taken to re-image “Africa equal to cybercrime” profile in the global community. The article recommends the need for African leaders to reach consensuses on meaning of cybercrime, effects, and roles each nation must play to reach an agreed result. Also, parents need to balance euphoria in their children with trainings and preparations for the harsh environments in the real world.