With a large youth population and growing network penetration, Africa has demonstrated its ability to innovate and technologically leapfrog mature markets.
Kenya ICT
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Economic update | Kenya awards major contract for construction of core infrastructure for smart city
28 Aug 2017
Government plans to establish Kenya as the “silicon savannah” received a boost with the awarding of a $390m contract to build key infrastructure for Konza Technopolis, a master-planned property development targeting Kenya’s ICT sector.
Economic update | Kenya awards major contract for construction of core infrastructure for smart city
28 Aug 2017
Government plans to establish Kenya as the “silicon savannah” received a boost with the awarding of a $390m contract to build key infrastructure for Konza Technopolis, a master-planned property development targeting Kenya’s ICT sector.
Kenya’s ICT providers are working to tap into the country’s micro, small and medium-sized enterprise segment, though a limited awareness of technology services presents a potential challenge to these efforts.
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.
Having already benefited from initiatives such as mobile banking service M-pesa, Kenya’s commitment to further develop the information and communications technology (ICT) industry is expected to create opportunities for private sector investors.