Telecom

Sierra Leone: World Bank to support digital transformation with US$50 mln

Sierra Leone: World Bank to support digital transformation with US$50 mln
Monday, 23 January 2023 18:38

In 2014, the Sierra Leonean government tried to get support from the World Bank for the implementation of its digital transformation project, but the process was unsuccessful because the international financial institution blamed Freetown for poor resource management. 

In Sierra Leone, the Minister of ICT Mohamed Rahman Swarray recently announced that the World Bank would support the country's 5-year digital transformation project with US$50 million. According to the official, the project will notably guarantee access to broadband connection and improve digital skills and digital government services.

"Digital transformation in government involves the utilization of innovative technologies in order to deliver more transparent, cost-effective, and customer-focused services to citizens at both national and local levels," the government official said.

The digital transformation project is in line with the government's ambition to digitally connect all Sierra Leoneans. It has become a crucial project for the government as digital transformation continues to accelerate on the continent since 2020, due notably to Covid-19. The Sierra Leonean government recently signed a memorandum of understanding with Vietnamese digital solutions provider FPT to benefit from its expertise. It is also working with Smart Africa to digitize its economy.

Digital transformation is expected to contribute to the development of every sector of the Sierra Leonean economy, facilitating economic growth, job creation, skills development, and the development of new business opportunities. According to the International Telecommunication Union, a 10% increase in mobile broadband Internet penetration in Africa would result in an average increase of 2.5% in GDP/capita.

Isaac K. Kassouwi

On the same topic
Kredete raised $22 million in Series A funding led by AfricInvest, Partech, and Polymorphic Capital to expand globally. The company offers...
Uganda to host Aeonian AI center at Karuma hydropower site starting in 2026 Project includes 10 MW USIO supercomputer built with NVIDIA and...
• Cabo Verde to roll out nationwide 5G by 2026• Government sees 5G as key to digital, economic growth• Current mobile coverage exceeds 88% for 4G...
• Gabon aims to digitalize public revenue collection to support a CFA7,233.3 billion (approximately $13 billion) budget for 2026.• The initiative...
Most Read
01

From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...

Africa's Boundless Future: How a simple mobile phone became a pocket bank for millions
02

Nigeria’s fintech landscape has undergone a seismic shift in recent years, driven largely by persist...

In Nigerian, Bank Technology Failures Pushed OPay and PalmPay to Leadership in Daily Payments
03

• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...

WAEMU Region Records Second Straight Month of Deflation, at -0.9% in July 
04

Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...

Gabon’s Airtel, Moov to Share Towers Under Govt-Brokered Deal
05

• Benin’s FeexPay and Côte d’Ivoire’s Cinetpay receive BCEAO payment service licenses• Both firms ex...

WAEMU fintech industry strengthens with two new BCEAO regulatory approvals
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.