Information and Communications Technologies

Bitange Ndemo and Muriuki Mureithi

Chapter 10 in Africans Investing in Africa, 2015, pp 177-202 from Palgrave Macmillan

Abstract: Abstract Africa is transforming from a continent that has been riddled with poverty for the past 50 years to one with an emerging middle-class income status, with its economy growing spectacularly at an average GDP growth rate of approximately 7 per cent per annum. Assisting this growth is a decrease in armed conflict that has placed most African countries at peace, increasing foreign direct investments and improvements in life expectancy. Additionally, the Information and Communications Technology (ICT) sector is increasingly becoming a major driver in enabling greater efficiencies in the continent by allowing Africans to communicate more with each other — the basis of greater intra-Africa trade and investment.

Keywords: Foreign Direct Investment; Voice Over Internet Protocol; Mobile Money; Black Economic Empowerment; East African Community (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-54280-9_11

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DOI: 10.1057/9781137542809_11

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