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.
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...
This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...
Kinshasa metro line could launch on Nov. 27, 2027 Government finalizing studies, financing and PPP agreement Project includes seven rail lines, 173...
First place in natural robusta, third for women producers Robusta dominates output at 10,377 tonnes in 2024-2025 Cameroonian roasters won two awards...
KYA-Energy, Optima sign Côte d’Ivoire power partnership Deal targets data centre energy solutions, joint projects Move supports KYA-Energy’s regional...
Ghana suspends Burkina Faso tomato imports after Titao attack Wholesale prices jump in Accra following trade halt Imports vital as domestic output...
Senegal, Morocco resume talks on film co-production pact Countries seek revised agreement on training, distribution Partnership produced two...
“Dao” ranks among the three films in official competition at the 76th Berlinale and marks Alain Gomis’ second bid for the Golden Bear. The film...