Africa’s ICT Potential
Alex Ntale Executive Director, Rwanda ICT Chamber www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Welcome to Africa • 1.1Billion Population Continent • 62% Under 25Years = 682 Million Youth • 16% Internet Penetration • Only 67 Million Smartphones • >50% of urban residents are online www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda • 2,527% Africa Internet User Growth Rate • ( 2000 – 2011)
• Vs. Global Avg. 480%
•616Million Mobile Phone Users
• 167 Million internet users
• 67 Million Smartphones
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Africa ICT in 2025 McKinsey Report • 50% Internet Penetration • 600 Million Internet users
• 360 Million Smartphones • $75 Billion Annual e-commerce sales • $300 Billion internet contribution to GDP
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda FDI vs. ODA in Africa
Volume of external flows to Africa grew from $20 billion in 1990 to above $120 billion in 2012 1990 ODA 62% of External Flows to Africa 2012 ODA 22% Vs. 24% Remittances Vs. 54% Private Capital Flows FDI in Africa
6 African countries made the top 10 list of the world’s
fastest-growing economies in the past 10
years, which included Angola, Nigeria, Ethiopia, Chad, Mozambique and Rwanda, according to Ernst & Young
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Japan in Africa
In 2014 Japan investors accounted for
$3.5 billion of the $4.2 billion Ahead of China and other OECD countries
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Rwanda- A Gateway to Africa
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Rwanda- Heart of Africa
Flights From JAPAN : - Qatar - Turkish - KLM - Brussels - Ethiopia – X2 DAILY
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Government Commitment & Support • Incentives for ICT Investments o Government of Rwanda is willing to give tax and other incentives to ICT Investments especially in Export oriented businesses
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Why Rwanda • Rwandans understand EAC and broader African market ( Bi-lingual , French & English, Swahili and were born in these countries. ) • Most Secure Country in Africa, UN 2012 Report • Ranks 2nd country in Africa World Bank Doing Business Report
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Why We Are Here.
• We see the opportunity in Africa and we wonder if you too see it. • To Find Partners with whom we’ll change Africa.
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda • McKinsey Report “LionsSources go digital” • Ernest & Young • http://www.oecd.org/dac/stats/Africa%20- %20Development%20Aid%20at%20a%20Glance%202013.pdf • https://www.devex.com/news/south-korea-breaks-down-aid- priorities-in-africa-79478 • http://www.brookings.edu/research/papers/2015/05/private- capital-flows-sy-rakotondrazaka • http://www.bloomberg.com/news/articles/2015-03-24/japan- has-invested-more-africa-project-financing-than-china
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda Thank You
www.ictchamber.org.rw, 6th Floor Telecom House, Kacyiru , Kigali, Rwanda