Opportunities in Information and Communication Technology (ICT) are growing rapidly in the African market. Sub-Saharan Africa is expected to reach a mobile telephone penetration rate of 70.5 and an internet penetration rate of 24.7 by 2020, which is a faster growth rate than any other region of the world. Kenya, for example, has become a hub of activity, and Nairobi is now commonly being referred to as the “Silicon Savannah” because of its many tech startups developing mobile and e-platform solutions that fill efficiency gaps.
Since 2008, significant growth has taken place. M-Pesa, for example, was started in 2007 but since then has grown exponentially into one of the most successful mobile phone-based financial services in the world. Innovative mobile solutions are increasingly in demand, but there is also a basic necessity for both ICT infrastructure and software development to be deployed across Africa. Both ends of the spectrum present great opportunities for current technology companies, as well as a number of other companies from various sectors which use the cross-cutting nature of ICT as an integral part of their businesses.
The ICT Steering Group meets monthly through in-person meetings and webinars to bring together the GHICC membership base to discuss policy-related issues and opportunities in ICT.
For more information on the ICT Program and Steering Group, contact the Program Manager.