

Investment in ICT in Africa driving growth
Fri, 13 Nov 2009 10:40The information and communication technology (ICT) sector is playing a huge role in driving growth in Africa.
In a report released by the World Bank about Africa’s infrastructure, it was noted the liberalization of African markets had encouraged very large amounts of private investment in Africa’s cellular networks.
The growth in the early years of the 2000s, saw wireless technology investments account for one percentage point of growth per person per year, leading to annual economic growth in Africa between 2001 and 2005 of 4%.
Reported by Business Report




