The government of Kenya is looking to capitalise on high mobile penetration to expand financial inclusion, with plans to offer a new infrastructure bond exclusively via mobile phones. Originally planned for October 2015, but currently postponed indefinitely due to high interest rates, it will mark the first sale of its kind in the world...
As the government continues efforts to incorporate ICT into its service delivery, it is implementing the Connected Kenya 2017 master plan to guide the country’s ICT and broadband development. The plan, which aims to see the sector create up to 180,000 jobs and contribute up to 8% of the value of goods and services produced in the country,...
The telecoms sector continues to be a critical component of Kenya’s economic growth, performing strongly in terms of mobile money and ICT infrastructure expansion. The extension of 4G coverage is changing the face of the country’s internet use, and smartphone usage is also on the rise. Moreover, ongoing debates in the sector over issues of...
The telecoms sector continues to be a critical element of the economy, laying the groundwork for greater investment and performing well in terms of mobile money and ICT infrastructure growth. As smartphone penetration and 4G coverage increase, new regulations are lowering barriers for tech imports and facilitating the expansion of e-governance. The country saw mobile penetration at 83.9% as of...
Kenya is one of the economic and political heavyweights of East Africa. Despite recent security issues, it is recording strong economic growth and maintaining its leading position in the region. Recent discoveries of new oil, gas and water reserves and a young population give further cause for optimism, and the government is working to put the right policies into place to maximise the country’s potential.
The government of Kenya is looking to capitalise on high mobile penetration to expand financial inclusion, with plans to offer a new infrastructure bond exclusively via mobile phones, marking the first sale of its kind in the world.
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