Archive for June, 2007

Nigerian minister of finance on mobile phone market

Friday, June 1st, 2007

(via SmartMobs)

The former Nigerian minister of finance Ngozi Okonjo-Iweala promotes investment in Africa. One of the interesting examples she gives is the privatization and rapid growth of the telecom market in Nigeria, from 4300 landlines to over 32 million mobile phone subscriptions. Although she doesn’t mention the name, there is clearly a sense of “Glo with Pride” in her talk. Glo is a domestic mobile phone enterprise closing in on South Africa’s MTN and still growing. Their slogan appeals to Nigerian pride: “we can do it ourselves”.

(click to enlarge)

Skip to the section starting at 8:00 where she talks about the telecom and mobile phone market in Nigeria: