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Free and open source software (FOSS) technologies transcend geographical and cultural boundaries to usher in a new paradigm where volunteers collaboratively develop software for the commons. The political economy of FOSS technologies has far-reaching implications because of the centrality of information and communications technologies for development (ICT4D). The global trend in the diffusion and adoption of FOSS technologies is a testimony to the socio-economic and technological impact the software has for both developed and developing economies. While FOSS development, education and business potentials may appear as a phenomenon for the developed world, a sizable number of developing countries have undertaken bold measures to bring about innovation, sustainable ICT development and technology independence.