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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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NIPR Institutes Annual PRICE Awards, Fixes 7th Dec for Ceremony

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ICT

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Capital Market

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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NGX Group Chair, Umaru Kwairanga, Draws Roadmap for Leadership in Nigeria

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NGX Group Fuels Women’s Investment Drive, Engages 9,000 at FinTribe Finance Fair 2025

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Insurance

SanlamAllianz Nigeria Wins Africa’s Most Visible Insurance Company Award

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Sovereign Trust Insurance CEO, Olaotan Soyinka, Preaches Caution, Safety in the Ember Months

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Global InsurTech Funding Hits $1bn in Q3 2025

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Lasaco Assurance Champions Maternal Health with Safe Start Initiative

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2025 Almond Insurance Industry Awards Holds Friday, Nov 7 in Lagos

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Business

P+ Measurement Services Sparks Global Dialogue on Outcome-Based Measurement at 2025 AMEC Measurement Month

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LASAA Staff Faces Sanctions for Policy Breach after Viral Allegation, Cleared of Fraud

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Capital Market

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

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NGX Reaffirms Leadership in Advancing Africa’s Islamic Finance Ecosystem

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NGX Group Chair, Umaru Kwairanga, Draws Roadmap for Leadership in Nigeria

   Being the remarks by Alhaji (Dr.) Umaru Kwairanga, Group...

NGX Group Fuels Women’s Investment Drive, Engages 9,000 at FinTribe Finance Fair 2025

Nigerian Exchange Group (NGX Group), through its regulatory subsidiary,...

Insurance

SanlamAllianz Nigeria Wins Africa’s Most Visible Insurance Company Award

L-R: Marketing and Corporate Communications Manager, SanlamAllianz Nigeria, Mr....

Sovereign Trust Insurance CEO, Olaotan Soyinka, Preaches Caution, Safety in the Ember Months

Mr. Olaotan Soyinka, Managing Director of Sovereign Trust Insurance...

Global InsurTech Funding Hits $1bn in Q3 2025

According to a new report from Gallagher Re, global...

Lasaco Assurance Champions Maternal Health with Safe Start Initiative

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2025 Almond Insurance Industry Awards Holds Friday, Nov 7 in Lagos

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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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