Greg Wyler, buy cialis an American tech entrepreneur, is investing his own money in bringing Internet services as a business to Rwanda. His company, Terracom Communications is for the first time offering cellphone coverage, Internet access and television to unserved parts of the country. Terracom is hooking up schools to the Internet and opening Internet cafes throughout the country. They are even starting to offer high-speed laptop mobile network services like Verizon/Sprint EVDO service!
There are lots of questions about whether this business will ultimately succeed, but at least he is trying!
3 thoughts on “Wiring Rwanda”
You make it seem as though this is philanthropy. It is not. He is looking to make a buck – which is of course totally ok. However, I can’t help but read into the language that the WSJ author uses – it hints at the fact that the deal may be somehow shady? Hopefully not. Seems this Wyler is quite a character. And Kagame, not Wyler, has been the push behind Rwanda’s hopes to be a high-tech hub. Best of luck to them.More:http://www.worldchanging.com/archives/004835.htmlhttp://pienso.typepad.com/pienso/2006/08/an_american_wan.html
Hmmm … I did say “investing his own money”, not “donating” ;-)A well-known high-tech CEO once was introduced at a conference as both the CEO of a high-growth high-tech start-up company and also a significant philanthropist with his own non-profit foundation. When he got on stage he said that he hoped that one day that at least one of his ventures would be a for-profit 😉
Posted comment (received by email) from Harry V:my increasing conviction is this – little progress will be made in Africa until governments improve and, I’m convinced that we are now at a point in history where this is finally happening. The infrastructure required for economic growth cannot be layed without effective governance. I’m convinced that the international spotlight is increasingly shining on Africa and the huge economic opportunities there. As this spotlight intensifies, govnernance will eventually improve and role model governments, “AFRICAN STARS” if you will, will emerge. Rwanda may be an early example of an African Star. Ironically, I beleive, these Stars will not be particularly resource rich. They will probably have to create much of their own wealth, rather than just living off of a resource gravy train. Resource rich countries suffer to easily from the “resource curse”. Instead, through radical reform, they will create an enviironment ripe for international investment. These Stars will provide the stablility and infrastructure (transportion, education, legal structures, property rights, healthcare, telecommunications, etc…) needed to enable companies to set up operations and make money in Africa. They will attract capital and investment, from companies like Terracom – bold, risk taking, “First Movers” willing to attempt a “moon shot”. These pioneering companies will make a LOT of money by being the First Movers in a long neglected, wild west, environment like Africa.. Once they demonstrate success, a tipping point for investments will be reached thus attracting lots of copy cats in many different economic sectors and the stampede of investment will continue (ASSUMING THE AFRICAN STAR(S) DON’T REVERSE THEIR REFORMS).At first, surrounding nations will continue to lanquish and thrash, mired in corruption, waste, incompetence and instability, but eventually, as nations and their citizens get left behind, they will cry for change, point to the African Stars as role models and insist on the reforms needed to become wealthy nations themselves. These Stars will have a cascading effect of ignitiing reform throughout the continent, finally dispelling the notion that Africa is somehow unique and incapable of real reform. When these “African Stars” emerge, there will FINALLY BE NO MORE EXCUSES FOR LOUSY GOVERNMENTS IN AFRICA. These stars will then lead the continent into a renaissance of growth and increasing prosperity. There is no reason why this vision cannot become reality in Africa as it has in much of the world already.