• ICT

    OBG’s coverage of the telecoms sector looks at market structure, regulatory framework, government goals, foreign participation and the roll-out of new technologies. Our ICT analysis reviews hardware and software markets, corporate spending, national bandwidth and government support.
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Chapter | ICT from The Report: Nigeria 2019

Nigeria’s ICT sector has faced several challenging years, with rapid currency depreciation and a macroeconomic slowdown weighing on profitability. However the...

Combining oil and gas wealth with the entrepreneurial efforts of its predominantly young population, Nigeria has developed a business-friendly environment over the past two decades of civilian rule. The country has effectively leveraged its abundance of natural resources and harnessed the strength of its 193m-strong population to become a key nation both on the African continent and beyond.

High rates of digital banking growth and an increase in online transactions have coincided with new investment in Thailand’s e-commerce segment, with online shopping market share expected to treble within five years.

 

The GSMA, an international industry trade body, forecasts that 14% of the world will have adopted 5G technology by 2025, led by the US with an adoption rate of 49%. However, Kuwait has frequently punched above its weight in the adoption of telecoms technology and enjoys some of the world’s highest mobile penetration rates. In line with its...

 

In what ways is the country developing and applying the smart city concept?

 

The government’s New Kuwait 2035 strategy has signalled ICT development as a key pillar that is expected to attract investment and boost the local economy. While government data does not collate information for the broader ICT sector, it does show the contribution of the telecoms sector to GDP. In 2016 telecoms accounted for 7.7% of non-oil...

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