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Broadband for All in Africa to Gulp $100-billion – Report

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To achieve universal broadband access, African countries will need to bring about 1.1 billion more people online

Less than a third of Africa’s population has access to broadband connectivity and achieving universal, affordable and good quality internet access by 2030 will require a US$100-billion investment.

This is according to a report launched at the Annual Meetings of the World Bank Group, which calls for urgent action to close the internet access gap while providing a roadmap to reach this ambitious goal.

The report suggests that to achieve universal broadband access, African countries will need to bring about 1.1 billion more people online.

This will require exceptional and coordinated efforts from governments, the private sector, development partners, and civil society, the report says, but the investment is worth it.

“The digital agenda is first and foremost a growth and jobs agenda,” says Makhtar Diop, the World Bank’s Vice President for Infrastructure. “The working-age population in Africa is expected to increase by some 450 million people between 2015 and 2035. If current trends continue, less than one quarter will find stable jobs. Broadening internet access means creating millions of job opportunities.”

A media statement released by the World Bank says that while the number of broadband connections in Africa crossed the 400 million mark in 2018 (nearly twenty times 2010 levels), the regional average broadband penetration -including 3G and 4G connections- is only 25% in 2018.

“Mobile broadband coverage in Africa is still at 70% of the population. Even in North Africa, there is ample room for growth with 4G networks covering only about 60% of the population. Additional challenges, such as the lack of access to reliable and affordable electricity, make accelerating Africa’s digital transformation journey even more difficult,” the organisation states.

Regulatory framework

According to the report, nearly 80% of all required investments are directly related to the need to roll out and maintain broadband networks. However, connecting the unconnected is about more than just infrastructure: about 20% of required investment consists in building the user skills and local content foundations, and another 2-4% should be allocated to setting up the appropriate regulatory framework, the report notes.

While the private sector has driven most successful broadband initiatives, public agencies play a crucial role by implementing effective sector regulation, addressing potential market failures, and creating the conditions for an open, competitive broadband sector.

Doreen Bogdan-Martin, Executive Director of the Broadband Commission for Sustainable Development and Director of ITU’s Telecommunication Development Bureau, said: “In large parts of Africa, we are witnessing a lack of progress in extending access and network coverage.

Affordability is also declining in many nations. Promoting greater digital inclusion is going to require more effective and innovative collaboration. We need to leverage our strengths and expertise. Governments can help with policies enabling new technologies, new business models and investment. The right policies will, in turn, provide the private sector with the incentives to build out infrastructure and explore new technologies and applications that will drive demand.”

Connecting the 100 million people in rural and remote areas that live out of reach of traditional cellular mobile networks will require strong private sector involvement, innovative business models, and alternative technologies, such as satellite and Wi-Fi based technical solutions, the report notes.

“Let us be clear: no single actor will be able to meet Africa’s 2030 target and carry the burden of a $100 billion investment funding requirement alone. All stakeholders must work together to make sure that every African has affordable and reliable access to the internet”, says Hafez Ghanem, the World Bank’s Vice President for the Africa Region.

Stakeholders referred to include: the African Union and regional economic communities; African governments and respective public investment agencies; sector regulators; multilateral development banks and regional development banks; the United Nations and other development agencies; the private sector; and civil society groups and nongovernmental organisations.

According to recent research by the Alliance for Affordable Internet (A4AI), an initiative of the Web Foundation, the average African earner must pay 7.1% of their monthly income for 1GB of data. Here average monthly income is based on GNI/capita/month for 2018. Translated to a US context, where the average earner earns US$62,850 (GNI per capita), 1GB of data would cost US$373 on average (7.1% of GNI per capita/12).

As more people, including more women, can afford to come online, national economies will grow. For every 1% increase in the number of people using mobile broadband, countries will see a 0.15% increase in GDP, according to the ITU.

Dhanaraj Thakur, Research Director of A4AI and Web Foundation, said: “Access to a meaningful internet connection means access to transformational and life-changing tools. This notable drop in costs, especially across Africa, will make it easier for millions around the world to benefit from internet access.

While we welcome this progress, millions remain offline because they cannot afford the cost of data. Urgent action is required – failure to deliver affordable internet access will drive inequality as those offline are further pushed to the margins of society.”


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Stakeholders Say AgriTech, Open Data, Critical to Nigeria’s Digital Economy

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Stakeholders in the Information and Communication Technology (ICT) sector have identified agricultural technology (AgriTech) and open data platforms as essential tools for advancing Nigeria’s digital economy, particularly in promoting inclusion and improving rural development.

Speaking at the session titled “Design Workshops Building Productive Sectors: Investing in the Digital Economy” during the 31st Nigerian Economic Summit (NESG) in Abuja,

Toluwaleke Adenmosun, senior partner at Verraki, said agriculture offers an opportunity for digital transformation.

“Some groups proposed open data platforms to improve the sourcing of agricultural commodities, while others emphasized the use of AgriTech to simplify and formalize the agricultural value chain,” she said.

Adenmosun also raised concerns about the lack of transparency in tax and levy structures affecting businesses. She called for digital tools to streamline compliance.

“Industry players face challenges not only with formal taxes but also with various levies and charges. A simple platform that outlines required payments and confirms when they are made can be implemented quickly and would address this,” she said.

She added that successful implementation requires clear leadership, whether from the public or private sector.

“It’s not solely a government responsibility. Someone must take ownership, drive execution, and raise awareness among farmers and stakeholders,” she said.

Participants also noted the need for awareness campaigns, as many farmers remain unaware of digital tools that can boost productivity and improve market access.

Olabode Ojo, vice president of Global Independent Connect Limited (GICL), a subsidiary of IHS Towers Nigeria, reaffirmed the company’s commitment to expanding digital infrastructure in underserved areas.

“At GICL and IHS, our goal is to provide the infrastructure to support Nigeria’s digital economy,” said Ojo.

He noted that the company has deployed over 600 rural connectivity sites across 26 states and installed more than 16,000 kilometers of fiber optic cables, supporting mobile technologies such as 2G, 3G, and 4G.

“People in these areas now have access to education, healthcare, and digital financial services,” he said. “This supports broader development.”

Ojo also referenced government plans led by the Federal Ministry of Communications, Innovation and Digital Economy to deploy 90,000 kilometers of fiber optic infrastructure and establish 7,000 rural telephony sites.

“These plans are ambitious but achievable,” he said. “We are ready to collaborate with the government to help make them a reality.”

While agriculture is not GICL’s core focus, Ojo acknowledged its role in the digital economy and the importance of infrastructure in enabling farmers’ access to data.

“These goals are within reach with collaboration from all stakeholders,” he said. “We must stay focused and work together to achieve them.”

With continued investment from both public and private sectors, stakeholders agreed that AgriTech, open data, and rural connectivity are vital to building a more inclusive digital economy in Nigeria.


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Yakubu Steps Down, Agbamuche-Mbu Takes Over INEC Leadership

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May Agbamuche-Mbu, a National Commissioner at the Independent National Electoral Commission (INEC), has assumed office as the acting Chairman of the Commission following the formal handover by Professor Mahmood Yakubu, who is proceeding on terminal leave.

The transition was announced during a stakeholders’ meeting with Resident Electoral Commissioners held on Tuesday at the INEC headquarters in Abuja.

Speaking at the meeting, Yakubu explained that he was stepping down in accordance with Section 306, Subsections 1 and 2 of the 1999 Constitution (as amended), having served the Commission for nearly a decade.

“In recognition of the significant challenges ahead, and having had the honour of serving the Commission for the past 10 years, with only a few weeks remaining in my tenure, I have made a decision,” Yakubu said.

“In the interim, I am handing over to one of the most senior national commissioners by date of appointment. Following consultation with other national commissioners, May Agbamuche-Mbu will serve in an acting capacity pending the appointment of a substantive chairman of the Commission.”

He expressed hope that the transition would afford the appointing authorities adequate time to name a new chairman and allow the incoming leadership to settle quickly into the task of conducting elections and electoral activities in what he described as Africa’s most demographically and logistically complex environment.

Reflecting on his tenure, Yakubu noted that since 2015, he had worked with 24 national commissioners and 67 resident electoral commissioners, as well as thousands of staff across the country.

He expressed deep appreciation for their support and acknowledged the contributions of civil society groups, development partners, and Nigerians at large.

He also praised members of the National Youth Service Corps, calling them “among the most educated, most patriotic, and most knowledgeable election officials I have worked with.”

“Above all, I thank Nigerians for their comments as well as criticisms, which encouraged rather than discouraged us to persevere,” he added.

As part of his farewell, Yakubu presented two publications documenting the Commission’s work during his tenure: Election Management in Nigeria 2015–2025 and Innovations in Electoral Technology 2015–2025.

He concluded his remarks with a prayer for the continued progress of Nigeria’s democracy.

“It is now my pleasure to sign my official handing over notes and present the same to Agbamuche-Mbu. And from that point, I will take my exit,” he said.

Before stepping down, Yakubu outlined INEC’s preparations for several upcoming elections, including the Anambra State governorship election next month, the Area Council election in the Federal Capital Territory in February 2026, the Ekiti State governorship election in June 2026, and the Osun governorship election in August 2026.

He also confirmed that INEC had already begun preparations for the 2027 general elections, while awaiting the passage of a new Electoral Act currently before the National Assembly.

Yakubu highlighted the need to further clean up the voters’ register, review polling unit locations, and manage party primaries effectively.

He acknowledged the logistical challenges of election management in Nigeria, citing insecurity, natural disasters such as floods, and the need to update frameworks for internally displaced persons’ voting.

He also listed several innovations introduced under his leadership, including the consolidation of the biometric register of voters, the digitization of manual processes, technologies for locating election facilities, virtual training platforms, systems for managing political party finances, and the Election Monitoring and Support Centre.

“Indeed, we have made tremendous progress, but a lot more needs to be done,” he said.

Born in May 1962, Yakubu previously served as Executive Secretary of the Education Trust Fund before his appointment as INEC Chairman by former President Muhammadu Buhari on October 21, 2015.

He assumed office on November 9, 2015, succeeding Professor Attahiru Jega. In 2020, he was reappointed for a second five-year term, becoming the first INEC chairman in Nigeria’s democratic history to be reappointed and confirmed by the Senate.


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PalmPay Honoured as Consumer-Friendly Business of the Year 2025 @ Lagos State Consumer Protection Agency Awards

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L-r: Mrs Wemimo Jayeoba, Director of Finance and Accounts, LASCOPA; Opara Onyinyechi, Senior Regulatory Compliance Specialist at PalmPay; Adenopo Ridwan Adekunle, Regulatory Liaison Officer, PalmPay; Ezeigbo Ugochi Boniface, Public Relations Officer, PalmPay, at Consumer Service Week and Awards Ceremony on Tuesday, 30th September.
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PalmPay, Nigeria’s leading digital banking platform, has been recognised with the prestigious Consumer-Friendly Business of the Year 2025 Award at the Lagos State Consumer Protection Agency’s (LASCOPA) annual Consumer Service Week and Awards Ceremony, held on Tuesday, September 30, 2025, at Adeyemi Bero Hall, The Secretariat, Alausa, Ikeja, Lagos.

The event, organised by the Lagos State Consumer Protection Agency (LASCOPA), celebrated businesses and organisations that demonstrate exceptional commitment to consumer rights, service excellence, and customer satisfaction.

PalmPay’s recognition underscores its dedication to delivering secure, reliable, and inclusive financial services to millions of Nigerians. With a focus on transparency, innovation, and customer-centricity, PalmPay continues to empower consumers by offering secure transactions, fraud protection, convenient payment solutions, and exceptional customer support.

Commenting on the award, Opara Onyinyechi, Senior Regulatory Compliance Specialist, PalmPay, said: “We are deeply honoured to receive the Consumer-Friendly Business of the Year Award from LASCOPA.

This recognition reaffirms our commitment to putting our customers at the heart of everything we do. At PalmPay, we will continue to champion trust, accessibility, and innovation in financial services, ensuring that every user experiences safe and seamless banking.”

The Consumer Service Week and Awards are part of a global initiative that highlights the importance of consumer protection and celebrates organisations that prioritise consumer welfare. By honouring PalmPay, LASCOPA have reinforced PalmPay’s role as a trusted partner in Nigeria’s financial ecosystem.

PalmPay is a leading digital banking platform driving financial inclusion and economic empowerment in underserved emerging markets. Through its secure, user-friendly, and inclusive suite of financial services, PalmPay empowers individuals and businesses with tools to manage and grow their money.

PalmPay offers a comprehensive range of products, including mobile payments, savings, and micro-insurance via its app and mobile money agent network.

Since launching in Nigeria in 2019 under a Mobile Money Operator license, the platform has grown to over 35 million app users and processes up to 15 million transactions daily. PalmPay has operations in Nigeria, Ghana, Tanzania, and Bangladesh.


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