ICT Financing Trends
The ICT saw record commitments in 2018. They increased significantly in 2018 to $7.1bn. Private sector commitments accounted for more than half of total commitments.
Funding from ICA members for ICT operations accounted for $503m in 2018, it was slightly less than the $618m reported in 2017.
National allocations to the ICT sector increased by 85%, reaching $1.1bn in 2018, $514m more than in 2017. The most noticeable changes were a $193m increase in allocation in West Africa and a $109m increase in Central Africa. At the country level, the largest allocations were in Kenya ($160m), and Egypt ($116m).
China’s financing includes $550m in the ICT sector