A leading centre for entrepreneurship in the MENA region, the UAE counted 940 start-ups as of late August 2017, according to Magnitt, a Middle Eastern start-up support service provider and directory. The largest subsegment of this was e-commerce, with 135 listed start-ups. This figure is by far the highest of any country in the Middle East and...
Like the UAE as a whole, Dubai has one of the most advanced telecoms and IT markets in the Middle East, boasting high levels of smartphone and internet penetration, fast mobile internet speeds and a rapidly growing start-up scene. While prices in the sector – and the fixed-line market in particular – are relatively high, both the fixed-line and mobile segments are expected to see increasing...
Dubai saw steady GDP growth of 2.8% in 2017 and this is expected to reach 3.2% in 2018, with an increased drive towards consolidating its position as a knowledge-based economy. The emirate is among the most diversified in the region, thanks to factors such as a highly attractive business environment that has brought in large amounts of foreign investment.
What advantages and challenges does Ghana offer in terms of fostering technology start-ups?
While Ghana fares relatively well in terms of basic telecoms indicators, private operators and public bodies are working to improve and expand coverage. However, the challenges involved in rolling out infrastructure for mobile networks are considerable, and range from difficulties in obtaining planning rights to high maintenance costs.
Change is on the horizon for the Ghanaian telecoms industry. Consolidation in a fragmented market could improve the competitive environment and help strengthen operator margins. It could also provide a boost to a sector which, like many in sub-Saharan Africa, is looking beyond the saturated voice market to raising data penetration and usage...
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