ICT sector
ICT

The global technology event, to be held during Oct. 19-21, will be co-hosted by Rwanda President Paul Kagame and Houlin Zhao, Secretary General of the International Telecommunication Union (ITU).

ICT sector
ICT
Rwanda has registered more than 150 million U.S. dollars worth of investment in ICT projects over the last two years but the country is seeking for more investments as it targets to be the regional technology hub.

About ten heads of state and government from Africa and 2,500 delegates from across the World are expected to attend the major technology meeting in Africa.

The three-day high level event to be held under the theme, “Accelerating Digital Innovation,” will discuss how to nurture Africa’s digital talent and foster cross-border entrepreneurship.

Innovation, policy, private sector, broadband, advocacy and sustainable development will be part of the deliberations during the forum.

Speaking to reporters on Sunday, Rwanda Minister of youth and ICT said that the country will scout for ICT investment opportunities and fresh business deals during the summit.

“This is an opportunity for us to present to the delegates from across Africa and beyond about various technology investment opportunities in our country. The technology sector is not yet explored in Rwanda,” he noted.

Although the exact number of investors is yet to be disclosed, the minister believes a substantial number of deals will be signed in due course.

“There is a lot of interest from Asia, Europe, Africa and elsewhere across the world. We hope to attract potential investors in the ICT sector and other sectors depending on the investor’s interest.”

Transform Africa Summit is a platform that brings the continent’s top political and business leaders together to shape Africa’s digital transformation agenda.

The post genocide nation is among a few countries in Africa that have rolled out a high-speed 4G broadband network that delivers download speed of up to 100 Megabytes per second.

In 2013, Rwanda and ITU co-hosted the Transform Africa Summit, which saw the birth of Smart Africa Alliance, a platform that is quickly shaping the future of ICT adoption on the continent.

The small Central African nation plans to establish an ICT park that will be a base of technological investments, including training, industries, research and development.

The government targets to have 95 percent of Rwandans connected to internet by 2017.
Rwanda has been ranked among top ten countries in Africa that are most dynamic performers when it comes to Information Communication Technology (ICT) development.

According to the 2015 global ICT report released by the World Economic Forum Rwanda has made considerable improvements in exploiting the potential of ICTs to drive social and economic transformation and catch up with more advanced nations. Enditem

Source: Xinhua

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