Kenya Outlines $2.3Bln Funding Need for 2024-2027 ICT Plan

By : Isaac K. Kassouwi

Date : lundi, 16 septembre 2024 09:47

The Kenyan government plans to place digital technology at the core of the country's socioeconomic development. To realize this ambition, investments in infrastructure, among other areas, will be essential.

Kenya’s ICT Authority (ICTA) has outlined a need for 304.37 billion Kenyan shillings ($2.35 billion) to implement its 2024-2027 strategic plan. Officially launched on Friday, September 13, the roadmap includes programs and initiatives aimed at advancing the country's digital transformation.

The plan calls for 235 billion shillings over five years to ensure universal, secure, and reliable internet access. Another 9.5 billion will be allocated to expanding access to digital products, while 32.5 billion will be invested in fostering sustainable digital culture. Additionally, 23.8 billion shillings are earmarked for creating an optimized and unified digital environment, and 3.7 billion will go toward strengthening organizational capacity and improving operational efficiency.

This plan lays the groundwork for transformational projects such as nationwide digital literacy programs, the expansion of secure broadband infrastructure, and the implementation of e-government services that bring public services to the fingertips of every citizen,” said Margaret Ndung'u, Kenya’s Minister of Information, Communication, and Digital Economy.

These initiatives align with the broader Kenya Digital Master Plan, which envisions investments totaling 484.241 billion shillings from 2022 to 2032 to support the government's ambition of leveraging digital technology for socioeconomic development.

Kenya’s digital push has gained momentum with international partnerships. The country recently joined the Asian Infrastructure Investment Bank (AIIB) and secured $238 million from Korea Eximbank to invest in the smart city project, Konza Technopolis. In April 2023, the World Bank provided $390 million to accelerate Kenya's digital economy, and the country is seeking further support from nations like China, Indonesia, India, and Malaysia.

Isaac K. Kassouwi

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