• About us
  • Advertise
  • Contact
  • Nominate
  • Client’s Voice
1 °c
London
8 ° Wed
8 ° Thu
7 ° Fri
6 ° Sat
  • Login
  • Register
Magazine
The Global Economics
  • Banking
    Saudi National Bank Receives Approvals from Shareholders

    Saudi National Bank Receives Approvals from Shareholders

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    Commercial Bank Launches New Payment Feature Through Wearables

    Commercial Bank Launches New Payment Feature Through Wearables

    Kenanga Investment Bank Acquires i-VCAP Management

    Kenanga Investment Bank Acquires i-VCAP Management

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

  • Finance
    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Turkey: Behavioral Pattern of FDI in 2020

    Turkey: Behavioral Pattern of FDI in 2020

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

  • Technology
    Huawei Launches Regional Center for Asia-Pacific Region

    Huawei Launches Regional Center for Asia-Pacific Region

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    Facebook News Launches in the U.K. With New Local and National Partnerships

    Facebook News Launches in the U.K. With New Local and National Partnerships

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Nokia Bags 5G Contract from Proximus Luxembourg

    Nokia Bags 5G Contract from Proximus Luxembourg

    Cisco Acquires Two European Companies to Boost User Engagement

    Cisco Acquires Two European Companies to Boost User Engagement

    Amazon Launches IP Accelerator for SMBs Across Europe

    Amazon Launches IP Accelerator for SMBs Across Europe

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

  • Insurance
    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    QIIG and SAP Partner up on Digital Transformation Deal

    QIIG and SAP Partner up on Digital Transformation Deal

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    French Insurer AXA Sells Gulf Business for $269 Million

    French Insurer AXA Sells Gulf Business for $269 Million

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

  • Energy
    General Electric Close $30 Billion Deal with AerCap

    General Electric Close $30 Billion Deal with AerCap

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    BIS Launches Second Green Bond Investment Fund for Central Banks

    BIS Launches Second Green Bond Investment Fund for Central Banks

    DP World Signs Agreement to Develop New Superport in Senegal

    DP World Signs Agreement to Develop New Superport in Senegal

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

  • Real Estate
    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    What Brexit Means for Property Market: Key Issues in 2021

    What Brexit Means for Property Market: Key Issues in 2021

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

  • Awards
  • FeatureNew
No Result
View All Result
  • Banking
    Saudi National Bank Receives Approvals from Shareholders

    Saudi National Bank Receives Approvals from Shareholders

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    TymeBank Secures R1.6 Billion from the UK and Philippine Investors

    Saudi Central Bank Launches Instant Payment System Sarie

    Saudi Central Bank Launches Instant Payment System Sarie

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million

    Commercial Bank Launches New Payment Feature Through Wearables

    Commercial Bank Launches New Payment Feature Through Wearables

    Kenanga Investment Bank Acquires i-VCAP Management

    Kenanga Investment Bank Acquires i-VCAP Management

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Qatar Islamic Bank Brings New H2H Payment Management Solutions for Corporate Customers

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Bank ABC Signs Acquisition Deal with Lebanese BLOM Bank for $480 Million

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

    Howden and Steadfast Join Hands to Launch Australian Broking Operation

  • Finance
    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

    Turkey: Behavioral Pattern of FDI in 2020

    Turkey: Behavioral Pattern of FDI in 2020

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Visa Collaborates with Pliant, Launches Business Credit Card in Germany

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Kuwait-based Agility Invests $35 Million in Queen’s Gambit Growth Capital

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Siemens Healthineers Collaborates with British Hospital Operator in $169 Million Deal

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Kuaishou Technology All Set to Raise $5.4 Billion in IPO

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

    Tower Capital Asia Raises $250 Million on First Closing on Southeast Asian Fund

  • Technology
    Huawei Launches Regional Center for Asia-Pacific Region

    Huawei Launches Regional Center for Asia-Pacific Region

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    MLL Telecom to Provide Broadband to The Kemnal Academics Trust

    Facebook News Launches in the U.K. With New Local and National Partnerships

    Facebook News Launches in the U.K. With New Local and National Partnerships

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    UK and Japan Sign £12M Worth Nuclear Decommissioning Deal

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Ethio Telecom Reports 12% Growth in H1 Revenue Worth $693 Million

    Nokia Bags 5G Contract from Proximus Luxembourg

    Nokia Bags 5G Contract from Proximus Luxembourg

    Cisco Acquires Two European Companies to Boost User Engagement

    Cisco Acquires Two European Companies to Boost User Engagement

    Amazon Launches IP Accelerator for SMBs Across Europe

    Amazon Launches IP Accelerator for SMBs Across Europe

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

    US Government Grants Qualcomm Permission to Sell 4G Chips to Huawei

  • Insurance
    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    PSC Insurance Group Acquires Two UK-based Brokers for $66 Million

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Aviva Sells French Operation to Aéma Groupe for €3.2 Billion

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Insurtech Igloo Joins Hands with Surety Broker Philinsure

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    Apax Partners Acquires PIB Group from Carlyle Group Ownership

    QIIG and SAP Partner up on Digital Transformation Deal

    QIIG and SAP Partner up on Digital Transformation Deal

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    UnitedHealth’s Optum Signs Acquisition Deal for Change Healthcare for $13 Billion

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    Prudential Vietnam and SeABank Extend Bancassurance Partnership

    French Insurer AXA Sells Gulf Business for $269 Million

    French Insurer AXA Sells Gulf Business for $269 Million

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

    Aviva Plc Sells Italian Life Insurance Venture to Partner UBI Banca

  • Energy
    General Electric Close $30 Billion Deal with AerCap

    General Electric Close $30 Billion Deal with AerCap

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    Japanese Energy Firm Mitsubishi to Provide Wind Power to Amazon’s European Facilities

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    UAE Institutions Join World Logistics Passport to Foster Trade Growth

    BIS Launches Second Green Bond Investment Fund for Central Banks

    BIS Launches Second Green Bond Investment Fund for Central Banks

    DP World Signs Agreement to Develop New Superport in Senegal

    DP World Signs Agreement to Develop New Superport in Senegal

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    Macquarie Approves £3 Billion Funding of U.K. Green Projects

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    PT PJBI and Masdar Establish Joint Venture for First Indonesian Floating Solar Power Plant

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Petrobras Emphasizes Carbon Cuts as Equinor Considers Offshore Renewables

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

    Abu Dhabi Gives Green Signal to ADNOC to Bolster Muruban Futures

  • Real Estate
    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    Abu Dhabi and Aldar Properties Join Hands to Develop $12.25 Billion Worth of Projects

    What Brexit Means for Property Market: Key Issues in 2021

    What Brexit Means for Property Market: Key Issues in 2021

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    BNP Paribas REIM Acquires Nursing Home Property for European HPF Fund

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Alter Domus Partners with Yardi to Improve Real Estate Operations

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Abu Dhabi’s ADQ and Aldar Sign MoU for Emirate’s Projects

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Invesco Real Estate Acquires GAM Investment Property Debt Fund Finance

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

    Aviva Investors to Invest GBP 10 Billion into UK Real Estate for Next Three Years

  • Awards
  • FeatureNew
No Result
View All Result
The Global Economics
No Result
View All Result
Home Finance

Costly ‘Internet’- The Story of Africa

The Global Economics by The Global Economics
October 28, 2019
in Finance
Reading Time: 1min read
0
African family watching television together

African family watching television together

0
SHARES
3
VIEWS
Share on FacebookShare on TwitterShare on Reddit

Consumers in Africa are charged with the highest rates for internet access. A significant chunk of the income is absorbed for internet access and its use. A4A1, an initiative of the Web Foundation, identifies internet data as affordable when it takes 2 percent of income for 1 GB. As for Africans, it is around 7.12 percent, and in some cases, it is more than one-fifth of average income. Only a few wealthy people can afford the price. The cost of internet is a reason why around 49 percent of the global population is offline.

Lack of Competition or Poor Economy Lack of Competition or Poor Economy

Internet in Africa suffers from a lower penetration rate compared to other countries. Africa exhibits an inner digital divide. The telecommunication industry is packed with outdated technology. Broadband wireless technology is yet to hit the market, which can make the internet available to the population at large. Lack of penetration of internet, proper initiative of Government to bring up projects to fuel the internet has affected the cost. Political lobbies in countries like Cameroon and Egypt have restricted citizen from internet use.

A4AI’s policy prescription recommends taking help from global services for developing infrastructure.

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

Related Posts

Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector
Finance

Valoreo Raises $50 Million to Boost LatAm E-Commerce Sector

by The Global Economics
February 28, 2021
Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital
Finance

Malaysia Aviation Group Obtains Approval for RM3.6 Billion Capital

by The Global Economics
February 23, 2021
Turkey: Behavioral Pattern of FDI in 2020
Finance

Turkey: Behavioral Pattern of FDI in 2020

by The Global Economics
February 16, 2021
PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer
Finance

PayNow Collaborates with Three E-Wallet Companies for Seamless Fund Transfer

by The Global Economics
February 8, 2021
Visa Collaborates with Pliant, Launches Business Credit Card in Germany
Trending

Visa Collaborates with Pliant, Launches Business Credit Card in Germany

by The Global Economics
February 4, 2021
Previous
Next
Previous
Next
Previous
Next
Previous
Next
Facebook Twitter Instagram Youtube LinkedIn
The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

DMCA.com Protection Status

  • Privacy
  • Legal
  • Terms of Use
  • Client’s Voice

norton verified - the global economics

Latest Posts

General Electric Close $30 Billion Deal with AerCap

General Electric Close $30 Billion Deal with AerCap

March 8, 2021
Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

Aegon AM Launches U.K. Real Estate Fund for DC Pension Investors

March 7, 2021
Nippon Express Launches China-Europe Cross-Border Freight Service

Nippon Express Launches China-Europe Cross-Border Freight Service

March 4, 2021

Follow on Twitter

All Rights Reserved © 2020 | The Global Economics, Business Finance Publication - Website by Aapta

No Result
View All Result
  • About us
  • Advertise
  • Awards
  • Contact
  • Nominate
  • Client’s Voice
  • Feature Your Business
  • Magazine
  • Login
  • Sign Up

All Rights Reserved © 2020 | The Global Economics, Business Finance Publication - Website by Aapta

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Go to mobile version