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.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Government to award 5,000 Google certifications in AI and digital skills Program targets students, teachers, and underserved communities Initiative...
Proparco and RMBV take minority stake through $91 million capital increase Funds to support industrial expansion and West Africa growth Group...
Net profit drops 14% to CFA19.25 billion in 2025 Cost of risk nearly doubles, cutting operating income Bank shifts toward more liquid assets amid...
Growth forecast at 6.5% in 2026, up from 6.2% in 2025 Inflation expected to rise slightly to 1.8% after a low base Authorities flag risks from energy...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...