The growing African ICT industry

Africa Renewal has an interesting piece on how the information and communications technology industry has moved beyond being marginal and is now a dominant industry across much of the continent. The article cites three major aspects to this development – first, the rapid growth and expansion of mobile technology and internet access was central to this growth. Now, the ICT industry is instrumental in supporting several other economic sectors – finance and health, for example. Secondly, the huge amount of foreign investment seeking large profits and new markets in the continent and industry fueled development.  Finally, the vital regulatory bodies and government institutions are now catching up to the pace of development in this industry, providing key rules and incentives for truly transforming society, such as including provisions in new contracts to expand internet and mobile access to larger rural areas.

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About CTED

CTED, as part of the New York University Abu Dhabi Research Grant, is a multidisciplinary research lab that focuses on combining economic principles, technological advances, and human-centric design to create innovative solutions for the problems experienced in emerging regions.
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