Global Investment Is Increasing Dramatically in Africa's Telecoms Industry

·
July 14, 2015
·
2 min read

Africa’s telecoms industry is a vital component for the continent's economic growth, affecting all aspects of the business and social sphere. Dramatic expansion in the telecoms sector has taken place over the past five years, with a 72% penetration on average in mobile subscriptions across the continent.

Consequently, a huge amount of investment is happening to improve Africa’s infrastructure to manage the rapid increase in data usage and the need for better connectivity, particularly in rural areas. For example, Millicom Ghana (Tigo) is to invest $24 million in the expansion of its 3G network in the country, according to local reports, with phase one of the expansion expected to include 114 cell sites installed across Ghana over the next four months.

20150711 WBP001 0

The international telecoms community regards Africa as an area of high value for new business. In East Africa for example, the construction of a fibre ring connecting five East African countries (Kenya, Rwanda, Tanzania, Uganda and Burundi) has just been completed by Liquid Telecom, to ensure reliable and continuous connectivity. Amb Dr Richard Sezibera, Secretary General of the East African Community (EAC), the regional intergovernmental organisation of the five countries, said of the deployment:  "By providing our nations with a 21st-century broadband network that directly connects us to each other and the outside world, Liquid Telecom continues to help the economic development of our region."

Advertisement

Expanding networks means increased demand for infrastructure and competition amongst operators. Regulators are playing a key role in providing stability to these operators active in the region ensuring a market driven industry.

Woman in Tech. Taking the African tech space, one step after another. Send tips, Press Releases and your thoughts to [email protected].
Woman in Tech. Taking the African tech space, one step after another. Send tips, Press Releases and your thoughts to [email protected].
Subscribe To Techpoint Digest
Join thousands of subscribers to receive our fun week-daily 5-minute roundup of happenings in African and global tech, directly in your inbox, hours before everyone else.
This is A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day! 
Digest Subscription

Give it a try, you can unsubscribe anytime. Privacy Policy.

Woman in Tech. Taking the African tech space, one step after another. Send tips, Press Releases and your thoughts to [email protected].

Other Stories

43b, Emina Cres, Allen, Ikeja.

 Techpremier Media Limited. All rights reserved
magnifier