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Give the The role of ICTs

Give The role of ICTs

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Martin
-A revolution in modern information and communication technologies (ICTs) (such as mobile telephony and internet) is occurring across Africa. This revolution is equally as powerful as the genetic revolution. The liberalization of the communications sector in many African countries has allowed cellular phone companies to enter rural areas. Previously under-developed and excluded villages are now able to access markets. This offers a new opportunity to test new models for reaching the rural poor with market information.

-ICTs now offer unprecedented potential to deliver information to poor rural communities, and thus contribute to alleviating food insecurity, poverty and transforming social and economic conditions. It has been said by some
that information technology, together with the ability to use it and adapt it, is the critical factor in generating and accessing wealth, power, and knowledge in our time.

The ability of ICTs to increase search activities and eventually raise the quantity and quality of available information reduces uncertainty, lowers transaction costs and enhances market participation. The overall reduction of costs and the increase in efficiency will eventually have an impact on the development of food markets and on food security. Market development is now seen as one of the prime drivers of agricultural development. For food security to improve, not only subsistence production needs to be increased, also cash income, savings and investments should grow and that implies more reliance on markets.
marto answered the question on March 15, 2019 at 07:58

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