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Business

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ICT

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Capital Market

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Insurance

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Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

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Mutual Benefits Strengthens Customer Confidence with ₦4.2bn February Claims Payout

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Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

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Business

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ICT

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Capital Market

NGX Group Commends Happy Woman Digital Platform Initiative, Seeks Partnership

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Insurance

Leadway Assurance to Champion Climate Risk Solutions at Africa Climate Insurance Symposium in Germany

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Leadway Strengthens Commitment to Healthcare Advancement with Support for 2026 AMSA Medical Education Conference

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Mutual Benefits Strengthens Customer Confidence with ₦4.2bn February Claims Payout

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Leadway Spotlights Women Making Waves Through Hersurred Initiative

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Guinea Insurance Holds Signing Ceremony for N5.8bn Rights Issue

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Nigeria Missing in Top 10 African ICT Ranking

In its 2016 global report on information technologies entitled “Innovation in Digital Economy”, the World Economic Forum assessed countries that integrate ICTs in their socio-economic development.

Integration relates to the use of ICTs by the government, companies and populations.
In Africa, Mauritius, though 49th in the world, remains the most advanced. The island is followed by South Africa (65th worldwide), Seychelles (74th), Morocco (78th), Rwanda (80th), Tunisia (81st), Cape Verde (85th), Kenya (86th), Egypt (96th), Namibia (99th) and Botswana (101st).

Last in line are Benin (128th), Swaziland (129th), Liberia (130th), Malawi (132nd), Guinea (134th), Madagascar (135th) Mauritania (136th), Burundi (138th), and Chad (139th).

However, the level of integration of ICTs of Africa cannot compare to that of emerging and developed nations.

Indeed, while Singapore and Finland, respectively first and second in WEF’s report, reached 5 on a scale of 7 in terms of ICT’s impact on the economy, African countries float around 2.9 points average.

In developed economies, while populations, then companies and government, in that order, are the one to rely on ICTs most, in Africa, it is first the government, then companies followed by populations that use the technologies.

Despite the small contribution of ICT to Africa’s development, the WEF estimates there has been since 2012. States just need to repeat their investments to improve access to ICTs to more people.

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