World Bank to boost Broadband in Africa

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Robert Zoellick, World bank President
The World Bank announced three major projects across Africa aimed at boosting information communications technology (ICT) infrastructure and access. The 71.5 million dollar projects are aiming to help buttress services in Liberia, Sierra Leone and the Democratic Republic of Sao Tome and Principe.

According to the World Bank statement, Liberia and Sierra Leone will receive line of credits from the World Bank of $25.6 million and $31 million, respectively, to boost their ICT sectors. The Democratic Republic of Sao Tome will receive a grant of $14.9 million from the Bank for its component of the Central African Backbone Program.
The money, according to the World Bank, is part of a $300 million West Africa Regional Communications Infrastructure Program (WARCIP).

“The projects have two main components. The first component will seek to create an enabling environment through provision of technical assistance and capacity building for legal and regulatory reform; and will develop public private partnership arrangements for the infrastructure to be developed,” said a World Bank statement issued over the weekend.
Here in Nigeria, this was seen as a boost to the continents efforts to stabilize the ICT sector across the region.
“We should see this as a step in the right direction for countries that have for far too long been left outside the range of international lenders,” said one Nigerian government official.

By Simon Yussif