Connect with us

Technology

Nigeria Suffers $82.7 Million Economic Loss from Internet Shutdowns in 2022

Nigeria, Africa’s largest economy ranked 8th in the world for the most impacted economy for internet shutdowns in 2022

Published

on

Broadband Penetration - Investors King

According to a latest report, Nigeria has been ranked 8th among the top ten countries that felt the most economic impact of internet shutdowns in 2022.

Africa’s largest economy lost $82.7 million, which lasted for 287 hours, and affected 104,400,000 internet users. The new figure indicates a 94 percent decline in the 2021 value of $81.45 billion.

A major cause of Nigeria’s internet shutdown in 2022, was attributed to the seven-month ban on Twitter by the Nigerian government, which lasted from June 2021 to January.

It was reported that Nigeria lost N104.02 million ($250,600) every hour to the Twitter ban, bringing the daily losses to N2.45 billion. The Nigerian government reportedly lifted the ban after 222 days, which cost the Nigerian economy N546.5 billion.

As a result of the ban, local businesses lost both online revenues and potential sales to mass audiences. The decision for the ban came just a day after the platform removed a tweet by Nigeria’s president Muhammadu Buhari after he threatened punishment for regional secessionists blamed for attacks on government buildings.

On the other hand, Sub-Saharan Africa due to the internet shutdown lost an estimated $244.2 million between January and August 2022, with Ethiopia accounting for over half with $130.2 million. This is a result of the Tigray war that occurred in the country.

Tigray, which is home to more than 5 million people, has been mostly without internet, telecommunications, and banking since war broke out between federal government troops and forces led by the Tigray People’s Liberation Front (TPLF), which lasted from the 3rd of November 2020 to November 3, 2022.

The Ethiopian Prime Minister Abiy Ahmed defended the shutdown of the internet in Tigray, stating that it supported the spread of disinformation as Ethiopia dealt with an armed rebellion in the northern part of the country.

Investors King understands that Internet shutdowns cause profound damage to a nation. Also, given their indiscriminate and disproportionate impact, governments, most especially African governments should refrain from imposing shutdowns.

Internet shutdowns impact on a country’s economy is massive. It disrupts commerce, industry, and even basic financial transactions. This, in turn, increases the country’s economic and social inequalities and broadens the digital divide.

Continue Reading
Comments

Technology

Starlink Pulls Plug on Ghana, South Africa, and Others

Published

on

starlink

Starlink, the satellite internet service operated by SpaceX, has announced the cessation of services in countries including Ghana and South Africa.

This decision comes as a significant blow to users who have come to rely on Starlink for their internet connectivity needs.

The decision, set to take effect by the end of April 2024, will disconnect all individuals and businesses in unauthorized locations across Africa, including Ghana, South Africa, Botswana, and Zimbabwe.

While subscribers in authorized countries such as Nigeria, Mozambique, Mauritius, and others can continue to use their kits without interruption, those in affected regions face imminent loss of access.

One of the reasons cited by Starlink for the discontinuation is the violation of its terms and conditions.

The company explained that its regional and global roaming plans were intended for temporary use by travelers and those in transit, not for permanent use in unauthorized areas. Users found in breach of these conditions face the termination of their service.

Furthermore, Starlink’s recent email to subscribers outlined stringent measures to enforce compliance.

Subscribers who use the roaming plan for more than two months outside authorized locations must either return home or update their account country to the current one. Failure to do so will result in limited service access.

The decision to discontinue services in certain countries raises questions about the future of internet connectivity in these regions.

Also, concerns have been raised about Starlink’s ability to enforce the new rules effectively. Reports indicate that the company has previously failed to enforce similar conditions for over a year, raising doubts about the efficacy of the current measures.

Starlink’s decision to pull the plug on Ghana, South Africa, and other nations underscores the complexities of providing satellite internet services in diverse regulatory environments.

Continue Reading

Technology

Nigeria’s Broadband Penetration Stalls at 42.53% Amid Connectivity Challenges

Published

on

broadband

Nigeria’s broadband penetration has stalled at 42.53% as of January, according to the latest report.

Subscriptions currently stand at 92.19 million, indicating a significant gap in connectivity, particularly in rural areas.

The Nigerian National Broadband Plan 2020-2025 aims to increase broadband penetration to 70% by 2025, with the ultimate goal of achieving 96% mobile broadband coverage by 2030.

However, this ambitious target requires substantial investment—approximately $461 million, according to a recent report by the Global System for Mobile Communications Association (GSMA).

While the country’s major telecommunications companies, such as MTN Nigeria and Airtel Africa, have invested heavily in expanding their network infrastructure, much of this development has been concentrated in urban areas. Rural and underserved regions face a significant coverage gap, exacerbating the digital divide.

Despite these challenges, Nigeria has made progress in improving its broadband infrastructure. Since 2012, the mobile broadband coverage gap across Africa has decreased from 56% to 13% in 2022, due to significant investments in network capacity and new technologies.

Nonetheless, millions of Nigerians, particularly those in rural regions, remain without access to essential telecom services.

To address this issue, Nigeria’s government established the Universal Service Provision Fund (USPF) in 2006, aimed at bridging the connectivity gap and expanding broadband access to unserved and underserved areas.

The fund provides resources for deploying telecommunications infrastructure in economically unviable regions.

The success of these initiatives, along with increased investments in broadband infrastructure and policies to incentivize internet expansion in remote areas, will be crucial in closing the connectivity gap and improving digital access for all Nigerians.

Continue Reading

Technology

iPhone Shipments Drop Amid Resurgence of Android Rivals

Published

on

Apple iPhone 14

Apple Inc. reported a significant drop in iPhone shipments during the March quarter, reflecting a downturn in sales across China amid the resurgence of competition from Android-powered rivals.

According to market tracker IDC, the tech giant shipped 50.1 million iPhones in the first three months of the year, a 9.6% year-on-year decline that fell short of the average analyst estimate of 51.7 million.

The steep decrease in iPhone sales marks Apple’s most significant quarterly dip since 2022, when Covid-19 lockdowns disrupted supply chains.

This time, the Cupertino-based company faces challenges from resurgent competitors such as Huawei Technologies Co. and Xiaomi Corp.

These firms have rebounded strongly in recent quarters, and their innovative product lines have begun to reclaim market share from Apple in China.

Samsung Electronics Co. regained its position as the top smartphone supplier globally, while Apple ranked second. Xiaomi closed the gap on Apple, shipping 40.8 million units, an impressive 33.8% increase year-on-year.

Transsion Holdings, another key player in the budget smartphone segment, nearly doubled its shipments, showcasing the competitive environment Apple faces.

Nabila Popal, research director at IDC, highlighted the broader shift in the smartphone market, which has recovered from the supply chain disruptions and challenges of recent years.

“While Apple has demonstrated resilience and growth in recent years, maintaining its pace and share in the market may prove challenging as Android manufacturers make strides,” Popal commented.

Apple has a strong brand and loyal customer base, yet its market position may be tested further by the aggressive pricing and innovative products offered by Chinese rivals.

The company’s efforts to sustain its premium pricing strategy may also be challenged as more customers consider switching to Android alternatives.

As the tech industry looks ahead to the rest of the year, Apple’s upcoming earnings report and strategic moves to address this competitive pressure will be closely watched by investors and industry observers alike.

Continue Reading
Advertisement




Advertisement
Advertisement
Advertisement

Trending