Over the last year I've been engaged on a number of projects in African technology and telecoms. As a result, I've started to compile a database of intra- and inter-continent investment into the networks that will enable the next phase of African growth.
The map shows the location and size of the investments announced in July. As a disclaimer, in some cases (for example, network investment) I have estimated the scale of the investment based on my experiences operating in the territory and in the telecoms industry.
The map shows the location and size of the investments announced in July. As a disclaimer, in some cases (for example, network investment) I have estimated the scale of the investment based on my experiences operating in the territory and in the telecoms industry.
The headline for July is that $790Mn of telecoms investments were announced in the Continent, with mobile ($499Mn) and ISP ($262Mn) the largest vertical markets for investment. Airtel's commitment of $400Mn for upgrades to its cell network in Nigeria was the largest single announcement, demonstrating the company's focus on enhancing the coverage and share of the Zain assets it acquired last year into Africa's largest mobile market.
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