Tanzania: World Bank grants $ 150 million in financing to Tanzania to improve broadband access

The Covid-19 has revealed to African countries how essential ICTs have become. Tanzania, whose level of digital readiness was among the last on the continent in 2020, is determined to negotiate more seriously its entry into the fourth industrial revolution. The World Bank announced Thursday, May 27, the granting of funding worth USD 150 million to...

Ethiopia: The World Bank wants greater competition in Ethiopia’s telecom sector plans

The Ethiopian government’s latest plans to open up its telecommunications sector and enter the mobile money market are sparking concerns over the fairness of its efforts. They come as the country faces immense financial pressures in the wake of the coronavirus pandemic and ongoing conflict in its northern Tigray state. Prime minister Abiy Ahmed’s plans to privatize the telecommunications...

The Nigerian government under the administration of President Muhammadu Buhari is holding talks with the World Bank to obtain a loan of up to $2.5 billion. According to Mr Hafez Ghanem, the loan is a necessary agent required to resuscitate the country’s fledgeling economy. One of the major challenges the loan will be used to...

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