Nigeria’s fibre project gets boost from World Bank

The details emerged during the two-day AfricArena Deep Tech & AI Summit, which organisers say helped Tunisia position itself as Africa's deep tech and AI hub.

With support from the Malawi government and the World Bank, the initiative is seeking to expand its training in various digital and enterprise development fields.

Cost-effective, reliable and quality internet connections are the key to unlock the DRC’s potential within Africa and internationally, says François-Xavier Kabemba, GM of FAST Congo.

The bank is looking for specialists who will assist the Cameroonian government in revising its national cyber security strategy.

He informed the AU delegations that mobile money was the perfect key to improving trade among member nations and creating the single market, which is also being promoted under the African Continental Free Trade Agreement.

The World Bank's support is a big boost for Zambia's transition to a digital economy.

The consortium said if smartphones were priced at around $20, an additional 270 million Africans would be able to purchase them, potentially narrowing the usage gap by 23%.

The institution notes that digital transformation could be an important catalyst to diversifying Equatorial Guinea's economy in the next few years.

Cameroon, with relatively advanced digital infrastructure when compared to regional peers, is the favorite tech hub host, according to Nigerian based think tank.

Since its launch, today Irembo hosts over 40 e-services deriving from 6 different government agencies with more than 90,000 users a month.

The World Bank-funded $100 million initiative will run until 2027 and is estimated to benefit at least 30,500 smallholder farmers.