On January 21, 2016, at the World Economic Forum held in Davos, a new global partnership was established during a session of the UN Broadband Commission for Sustainable Development. The goal of this partnership which involved all the Forum’s participants is to connect 1.5 billion people more to internet by 2020.
Presently, only 3.2 billion people, out of a world population of 7.4 billion, have access to internet, UN says. This means that about 4.2 billion people more lack access to internet.
In the 48 countries known to UN as the least developed in the world, penetration rate for internet is below 10% and less than 2% even in the world’s six most disadvantaged nations which are Guinea Bissau, Malawi, Madagascar, Ethiopia, Eritrea and Chad, the International Union for Telecommunications (IUT) revealed.
The UN Commission, in its 2015 report on global broadband’s state, said Internet access was near saturation in rich countries, but is not progressing fast enough to benefit residents of developing countries, especially those in rural and isolated areas.
IUT in a document written as its contribution to the activities of UN Broadband Commission said $450 billion were to be invested in network infrastructures to achieve its objective knowingly, connecting 1.5 billion people more to internet.
BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...
A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...
ECOWAS and IMF sign cooperation framework to strengthen policy alignment West Africa’s grow...
Coca-Cola will invest $1.03 billion in South Africa by 2030 to expand capacity and distributi...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. ...
Putin proposes Russia-Egypt grain and energy hub to boost trade Egypt seen as strategic hub for redirected Russian exports Project faces uncertainty...
Flutterwave secures Nigerian banking license to offer credit and savings License enables direct deposits, improving efficiency and product...
Failing to anticipate market shifts can be costly for African businesses operating in increasingly competitive and volatile environments. Yet many still...
Project targets reduced errors, better traceability and fairness Initiative part of broader government digital transformation efforts Mauritania is...
“Dodji, l’Archet Vodoun” is a documentary about reconnecting with ancestral culture to understand one’s origins, following an initiation ceremony that...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...