Africa Telecom and Finance Leaders Assess Accelerating Digital Investment Opportunities

Staff Writer April 7, 2017

1 minute read

Leaders from Africa’s biggest telecom investment companies are scheduled for a meeting with investment bankers, investors and advisers to discuss accelerating new investment opportunities in digital communications and infrastructure.

Telecom and tech companies are increasing investment across Africa as the rapidly improving digital infrastructure and services, and the take up of smartphones, provide huge opportunities for business and revenue growth.

A press statement that stated, “On the infrastructure side, operators are investing in spectrum, especially in the 700MHz band, as well as on strengthening their networks by migrating from 3G to 4G LTE-based services. Mobile tower operators are also investing heavily while submarine and terrestrial cable providers have been increasing the available backbone infrastructure.”

“Improving broadband speeds and access is also having a big impact on both business to business and consumer focused opportunities. Data center investment appetite is growing and Smartphone take-up is supporting the growth in m-commerce, m-money and m-banking services which presents a massive opportunity for vendors and application providers.”

With over 200 senior telecom, media and tech executives, they will meet at the TMT Finance Africa 2017 at the Hilton Hotel Tower Bridge in London on May 24th this year. The executive only event, which is in its eight year in London, features over 70 speakers and 25 sessions on telecom, media and tech investment and partnership opportunities for Africa.