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Millions of people are now able to access basic financial services thanks to the mobile phone. The level of provision of financial services to consumers has never been greater. Yet billions of people are still financially excluded.
There are many drivers of economic growth but it is difficult to ascribe relative levels of importance to each. Near the top of the list, however, is the rapid rate of technological advancement we have seen over the past decade.
The Telecommunications Authority of Trinidad and Tobago was established in July 2004 as the agency responsible for liberalising the telecommunications sector and for regulating both telecommunications and broadcasting.
Although most people still think of our universities as places for higher education and research, universities now lie at the heart of successful and leading economies around the world.
The aspiration to improve the socio-economic standing of the Niger Delta region, occasioned by the discovery of crude oil in the late 1950s, is closely linked with the history and establishment of the Rivers State University of Science and Technology (RSUST).
The relatively recent development of marine surveying and navigating technologies and the collection of different streams of data have allowed marine researchers to map the seafloor.
Uganda’s communication sector is one of the fastest growing sectors in Africa. The Uganda Communications Commission (UCC) is the regulatory body of the communications sector in Uganda.
The Nigerian Communications Commission is the independent National Regulatory Authority for the telecommunications industry in Nigeria. The Commission is responsible for telecommunications services throughout the country.
The world as a whole may be advancing at breakneck speed. But for many of the people living in the remote villages economic progress is at a standstill.