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India invests $10 billion in Africa, Nigeria seeks ICT growth

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Staff Writer | September 7, 2017
Through the Indo-Africa trade arrangement, India has facilitated an investment worth about $10 billion to the African Continent in the last few years.
Shyamal Ghosh
Africa   Shyamal Ghosh:
According to the Chairman, Telecom Equipment and Services Export Promotion Council, Shyamal Ghosh, these investments have brought India closer to the Africa region.

Delivering a Keynote in Lagos, yesterday, at the Indo-Africa ICT Expo 2017, organised by the TEPC in partnership with NASSCOM, themed: 'Digital Vision of Developing Nations', Ghosh noted that ICT remains a key area for global development being an enabler of all other growths.

Ghosh said for the development of ICT in Africa, telecommunications should be priotised, stressing that above all, government's support is critical to making the sector more efficient.

According to him, India is an ideal partner for Africa because of the development the sector has witnessed since its revolution started.

Quoting the International Telecommunication Union (ITU), Shittu said out of the 940 million people living in the least developed countries, most of them being in Africa, only 89 million people use the Internet, corresponding to a 9.5 per cent penetration rate.