Telecom

Egypt and the World Bank consider strategies to boost broadband penetration rate in the country

Egypt and the World Bank consider strategies to boost broadband penetration rate in the country
Tuesday, 23 April 2019 18:02

On April 23, 2019, Amr Talaat (photo), Egypt’s minister of IT and communications, received a delegation of the World Bank and the IFC.

Led by the World Bank’s coordinator of the MENA region Carlo Rossotto, the delegation discussed various strategies to boost the broadband penetration rate in Egypt.  

Currently, 3G and 4G technologies are the most used. Recently, Egypt made huge investments in the mobile and fixed broadband. Consequently, the number of mobile internet subscribers is gradually increasing. At the end of Q4, 2018, this number grew from 32.79 million (in Q4, 2017) to 35.06 million. 

During that same period, the number of USB modem users decreased from 3.26 million users in Q4, 2017 to 3.21 million in Q4, 2018.  

For the fixed segment, optical fibre is gradually replacing copper wire networks.

The meeting of April 23, 2019, falls within the framework of the ongoing collaboration between the World Bank and the IT and communications ministry. This collaboration is namely for the upgrading to Egypt’s broadband strategy, the elaboration of an economic model that should help identify the main sectors to increase the contribution of the IT sector to growth.

World Bank also organized a workshop to present success stories and the investment models (which contributed to transformation via the digital) in the communications sector to Egyptian officials.

On the same topic
Ivory Coast increased the number of courts connected to its e-justice platform to 28. Authorities aim to standardize service speed and security across...
Nigeria's central bank and telecoms regulator signed an agreement giving financial institutions real-time visibility into mobile number...
Sierra Leone to relaunch Sierratel via MVNO deal with Africell Government says move avoids privatization, reduces infrastructure...
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs EBITDA up 9.8%, net profit increases 4.5% Growth driven by data demand, Orange Money,...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
04

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
05

MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...

MTN Ghana tightens controls on mobile money agents over fraud concerns
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.