Africa And The Industry Of Information And Communication Technology
By providing an intense effort in improving life
, by pondering the Information and Communication Technology (ICT) Industry, Africa sees a brighter future. The quest for organizational development is handy because of this innovative industry. The potential of ICT as a tool for social and economical development shows in the first and second world countries. The adoption and its entire use eases the fight for development in areas like health, education, governance and others.
Africa now has the world's fastest growing industry. Their efforts are paying off. More African nations are embracing ICT to make their developmental programs more attainable. The government of most African countries created a market liberalization and regulatory form to attract more investment in the ICT sector. Since the region is making a scene in this industry, opportunities for growth in the Information and Communication Technology is also fruitful. The liberalization of the sector creates vast opportunities for aspiring investments. The demand is high and getting higher each year. This can only be fed through further investments, international or local.
Mobile phone penetration rates are blooming widespread the region. Delta Partners, a leading management advisory and investment firm, said that mobile broadband in Africa is an industry about to explode and will grow exponentially on the next two years.
The progress started a couple of years back. Since 2000, the initial population of mobile subscribers, which is 335.4 million grew to 73 million in 2003 alone. They have also constructed underseas cables. Mobile operators are very eager to develop 3G networks to enhance the availability of high speed networks. Broadband is very evident as the driving force on the growth for mobile operators and as the mechanism towards creating the stickiness factor especially in identifying value customers. Business experts are sure that by the end of this decade, that growth will grow even more because of the perpetual neediness for innovations on telecommunications and internet access.
The Kenyan government paid U$9.5 million to to Alcatel-Lucent to enable the firm order initial materials.
South Africa leads undersea cable initiative while Nepad leads the initiative in EASSy. Their mobile operator Vodacom is also bidding for Ghana.
Libya Africa Portfolio's Green Com has also acquired a majority shares in Uganda Telecom (Utl.) It also made an acquisition of majority stake in Rwanda's telecom company, Rwandatel.
MTN Group, Africa's major mobile phone operator has also increased its shareholding in MTN RwandaCell to 40 percent.
Reliance telecom from India joined Uganda's telecommunication industry by investing $200 million.
Independent Communications Authority of South Africa has licensed four more Pay TV players to compete with the incumbent Multichoice's DSTV. These new players including the Telkom Media has been in operations since mid 2008.
These are just examples of ICT developments that took place in the continent of Africa. ICT industry is one of the fertile grounds that one can invest in. On the coming years, Africa is expected to be one of the most advanced regions when it comes to Information and Communication Technology.
by: Jamie Welsh
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