ICT Articles & Analysis

Chapter | ICT from The Report: Nigeria 2017

Despite facing many challenges in 2016, the Nigerian telecoms market continues to grow and offers significant potential for investment. With a population of 189m, this substantial consumer base offers a variety of opportunities for mobile operators, broadband companies and content providers. Furthermore, the government’s intention to use telecoms and ICT not only for economic development, but also for financial inclusion, bodes well for the industry. At the same time, the Nigerian telecoms sector is constrained by high costs, general economic uncertainty and an uneven competitive environment. However, the long-term outlook for the market is positive: the country has a young, rapidly expanding population, providing a substantial pool of consumers, and smartphone use and data consumption are expected to increase swiftly over the next five years and beyond. Investment in infrastructure will be key in the years ahead, as well as a more attractive environment for both foreign investors and local start-ups. Despite these challenges, the country has managed to produce some of the continent’s most successful ICT firms, and the sector is expected to emerge as a standout market in the coming years. This chapter contains an interview with Ayotunde Coker, CEO, Rack Centre.

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While e-commerce is starting from a relatively low base, the market looks promising for rapid expansion. Demographics, income and internet uptake all suggest that online retailers are well placed to generate strong revenue in this key African market. However, e-commerce faces several impediments to growth, including poor distribution...

 

Despite facing many challenges in 2016, the Nigerian telecoms market continues to grow and offer significant potential for investment. With a population of nearly 189m, this substantial consumer base offers a variety of opportunities for mobile operators, broadband companies and content providers. Furthermore, the government’s intention to use...

 

Given the drive towards high-speed mobile broadband, access to spectrum has become one of the leading issues in the Nigerian telecoms market. This problem is not only likely to determine the government’s ability to meet its goals for broadband accessibility, but also define the parameters of the market and its competitiveness moving forward....

 

Abuja has turned its attention towards infrastructure in a bid to boost telecoms quality and coverage. Given the efforts by the Nigerian Communications Commission (NCC) to improve services, along with the government’s aim to increase broadband penetration rate to 30% by 2018, there is recognition that the market faces significant...

 

How is the demand for products such as data services evolving in Nigeria?

Chapter | ICT from The Report: Nigeria 2017

Despite facing many challenges in 2016, the Nigerian telecoms market continues to grow and offers significant potential for investment. With a population of 189m, this substantial consumer base offers a variety of opportunities for mobile operators, broadband companies and content providers. Furthermore, the government’s intention to use telecoms and ICT not only for economic development, but...