TechVenture Africa: Intel to invest $1bn in World Ahead programme

Intel to invest $1bn in World Ahead programme - ZDNet UK: "Intel to invest $1bn in World Ahead programme

Intel will spend more than $1bn during the next five years to help bring computers, training and Internet connectivity to emerging nations.

Called the World Ahead programme, the effort essentially expands on other programmes Intel has conducted to bring computing to countries like India and China, particularly to people who live in small cities and villages. Though India has become a software powerhouse, it is estimated that the country a year ago had only 14 PCs for every 1,000 people.

Intel will provide equipment under the programme as well as teacher training.

The programme will also let the company lay some of the groundwork for future sales as the markets in these nations mature. Intel, after all, entered China back in the 1980s and was able to capitalize on the growth of the tech industry in that country."

Intel Chairman Craig Barrett on the U.N. and Silicon Valley

"Silicon Valley IT companies are in the right place at the right time to help the United Nations address the world's health, education, and economic problems. Barrett, who has been appointed the chairman of the U.N.'s Global Alliance for ICT and Development, says, "My job is to make sure that we don't talk a lot, but we do a lot." The Alliance will meet today at the the Computer History Museum in Mountain View, Calif., to discuss the role of Silicon Valley in the U.N.'s information technology goals.

Intel's chairman at the company's headquarters in Santa Clara. February 28th, 2007 12:01 am

IFC Executive Vice President Lars Thunell

"The investment climate remains a major challenge on Sub- aharan Africa's path to a better future. African businesses currently face one of the world's highest levels of regulatory obstacles to Entrepreneurs. Africa has also been one of the world's slowest regions to reform its investment climate. Private investors need the right environment to operate. Transparent, robust institutions and an efficient and clear business regulatory environment are also needed to establish the conditions necessary for growth."

TechVenture Africa

Intel to invest $1bn in World Ahead programme - ZDNet UK

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