Egypt's Minister of Communications and Information Technology, Amr Talaat, said on 16 June 2020 that the government wants to raise the average Internet speed to 20 Mbps by the end of 2020. This is in line with the government’s strategy to improve access to and increase coverage of internet services.
In 2018, the average Internet speed in Egypt was 5.7 Mbps. By 2019, it reached 15.5 Mbps and the government seeks to reach 40 Mbps in 2021. According to Amr Talaat, the government is on a good track to achieve this objective, especially since the Internet speed hit a peak of 30.9 Mps in March 2020.
Egypt has already invested nearly $1.6 billion in the modernization and broadening of its Internet services and plans another $400 million investment to provide 2 million households with high-speed connectivity.
This plan is all the more important in the current pandemic context, which has highlighted the need to accelerate digital transformation.
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Deal reflects growing security cooperation amid Sahel terrorism threats Ghana plays key role in Accra Initiative regional security efforts The...
State company DRC Gold Trading aims to collect 15 tonnes of artisanal gold in 2026, far above volumes declared in recent years. The company plans to...
Egypt offers oil storage facilities on the Red Sea to international companies as disruptions halt traffic through the Strait of Hormuz. The SUMED...
( AFRICA FASHION UP) - Africa Fashion Up, the must-attend event for contemporary African fashion in Paris, announces the launch of its call for...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...