Introduced to the market in 2016, 4G services have enjoyed significant expansion in Algeria, growing by 573% in 2017. As market competition drove down prices, 4G has been adopted by 9.87m subscribers as of end-2017, up from 1.46m subscribers a year earlier, according to the Post and Telecommunications Regulatory Authority, which became the...
As ambitions to transition to some extent from an oil-driven economy to a tech-driven one, there is an effort to grow a culture of innovation. In January 2017 the Parliament adopted the orientation law for the development of small and medium-sized enterprises (SMEs), aimed at supporting the financing of start-ups and the development of an...
What is being done to implement new technologies and know-how into industrial processes?
Blockchain – the distributed-ledger technology that underpins cryptocurrencies such as Bitcoin – appears set to transform a wide variety of industries and perhaps fundamentally change the way business is conducted across the globe. While the technology is still taking off and its potential is not fully known, many emerging markets are hoping...
Algeria is a key producer of hydrocarbons in Africa, ranking first in gas output and among the top three for oil. It depends on the sector for the majority of government revenue and nearly all exports. Despite reforms to encourage private sector development, promote diversification and attract FDI, the state plays a preponderant role, meaning that changes to government expenditure and investment continue to have a large impact on economic performance.
Although it has faced several challenging years, with rapid currency depreciation and a macroeconomic slowdown weighing on profitability, Nigeria’s ICT sector remains a critical non-oil growth driver and major contributor to the economy, supported by a sizeable young population and the rapid adoption of mobile internet services. Dominated by...
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