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KT Corp. extends Support for ICT-driven Economic Development in Africa

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Published on : May 29, 2018

The adoption of information and communications technology (ICT) projects is becoming the new normal in emerging economies to drive development. These projects are getting massive support from several regional governments, more recently notably in Africa. KT Corporation announced on May 28, 2018 that it is expanding its support and cooperation to various Africa countries to boost ICT-based infrastructure. The announcement for the support was made in Busan at the 2018 Korea-Africa Economic Cooperation (KOAFEC) Conference and the 53rd Annual Meetings of the Board of Governors of the African Development Bank (AfDB) (held from May 21 to 25).

Cooperation Follows Success Successful Deployment of LTE Network in Rwanda

Several projects on ICT-driven economic growth have been unveiled at Public-Private Partnership (PPP) Forum of the Conference. Reiterating on such projects, the country’s largest telecommunications company KT Corp. reinforced their significance in bringing economic development in various countries of Africa. Of note, it completed 4G long-term evolution (LTE) network project in East African country Rwanda this month, with cooperation from the national government. The success considered as the first in Africa has laid the foundation for other such projects in Africa.

Participants at the Conference reinforced Public LTE Network Projects in Key African Countries

The panelists at KOAFEC fervently discussed the various strategies and industry measures for getting support from public as well as private sectors in key countries of this region. The Conference is the largest event in Korea for economic cooperation involving Africa

At the ICT Business Fair on May 23, the Korean company discussed at length the blueprint for PPP projects for laying down a framework for LTE networks across major African countries. Participants showed intense optimism for    the blueprint.