Traditional energy meters have suffered from a lack of automated analysis and inaccuracy in reading energy consumption, which has brought about smart metering systems. Developing economies such as in Africa. still experience a setback in electricity monitoring and load distribution because of existing traditional meter systems in use. Communication technologies play an important role to improve the monitoring of energy consumption and ensure a road map toward a smart grid. This paper reviews communication technologies used for Advanced Metering Infrastructure (AMI) emphasizing Wi-Fi and Cellular technologies. Metrics used to evaluate their performance include cost, energy efficiency, coverage, deployment, latency, payload, and scalability. The review presents a benchmark for research on AMI communication technologies in developing economies. When adopted, the expected AMI benefits are reduced energy theft, cost efficiency, real-time analysis, security, and safety of energy supply in developing economies.