ICT Financing Needs and Trends

Information and Communications Technology have played an enormous role in the economic growth of sub-Saharan Africa.  Since the 1990’s sub-Saharan Africa has seen an absolute boom in mobile telecommunications. Market liberalization – which opened the door for private investment has been the main driver of the mobile revolution, but liberalization remains far from complete. As mobile penetration has swelled, growth in fixed telephone lines has stagnated in most African countries.

Given the private sector’s success at delivering ICT services, it is striking that half of the fixed-line operators in Africa remain in public hands, despite their poor performance.  Broadband service is still in its infancy and the lack of competitive access to submarine cables keeps the price of international voice calls and Internet connectivity high.

(Source: AICD - Africa’s Infrastructure: A Time for Transformation)

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