Rwanda is set to launch a high-speed (4G LTE) broadband network. The network to be launched was established through an agreement between the Government of Rwanda and KT Corporation (NYSE: KT), South Korea’s largest telecommunications provider.
The launch will coincide with the Transform Africa 2013 Summit which Rwanda will host from October 28 – 31, 2013.
According to a statement from government, the network to be launched will cover 95 per cent of the population within three years.
This rapid deployment of high-speed broadband capability in Rwanda will accelerate development of the country’s ICT sector, create jobs, as well as help facilitate social and economic progress.
Based on recent reports published by the International Telecommunications Union (ITU), 95 per cent broadband penetration will translate into a 10 to 13 per cent boost in GDP growth for Rwanda.
The CEO of the Rwanda Development Board Valentine Rugwabiza says that once infrastructure is in place, it is paramount that everybody plays their part in driving investments in content development and service delivery.
Meanwhile, the Minister of Youth and ICT Jean Philbert Nsengimana, the Transform Africa Summit is a prime opportunity for leaders in both public and private sectors to explore ways that next generation technology can drive social and economic transformation across the African continent.
“At Transform Africa, discussions will focus on how African countries can maximise the opportunities of the Digital Economy, harnessing its power to drive innovation, deliver services, as well as create jobs for young people,” Nsengimana said.
The pan African ICT and tech event will bring together more than one thousand participants from Africa and beyond representing various sectors including governments, business and the youth to discuss the future of broadband in Africa.
The Summit, co-organised by the Government of Rwanda and the International Telecommunications Union (ITU) will feature five key events including the Leaders’ Summit, the Youth Entrepreneurship and Innovation Extravaganza, Smart Africa Days an international tech exhibition and the Continental Awards.