World Bank targets cheaper internet for developing countries

The World Bank announced Monday a new strategy to expand connectivity and make digital access more affordable in developing countries.

World Bank President Ajay Banga said digital technology could help countries create jobs and stretch scarce resources, but that this required reliable connectivity, affordable devices, digital skills and useful services.

The Washington-based institution said developing countries face limited resources and a growing need for employment. It said 1.2 billion people are set to reach working age in such countries over the next 10 to 15 years, while their economies are projected to create about 420 million jobs.

The strategy aims to support connectivity infrastructure, lower the cost of entry-level smartphone and broadband services, widen access to digital services and examine targeted uses of artificial intelligence.

The World Bank said only 23 percent of people in low-income countries used the Internet, compared with 94 percent in high-income countries.