18/05/2012 - Kenya property & investment news Posted by Bob Brunskill
A high-speed mobile network will be installed in Kenya over the next 12 months following an announcement by the government. Technicians will be installing 4G across the country by 2013 at a predicted cost of $500 million (£315.95 million) because of the rising use of smartphones and other data-hungry devices. According to permanent secretary at the ministry of information and communication, Bitange Ndemo, all of Kenya's phone companies have signed up. He is quoted by Reuters as saying: "We need to have it (the network) before the next elections (due in March 2013). That is what we are targeting." It is thought that 4G can provide people with five times quicker mobile internet speeds than 3G and could lead to more jobs in the future. Ahmed Heikal, the chairman and founder of investment company Citadel Capital said earlier this month that infrastructure investment will benefit transport in the country in the next few years.