Tag: Sub-Saharan Africa

Sub-Saharan Africa to grow to 500m mobile users, ‘The Mobile Economy: Sub-Saharan Africa 2017’ Report

Sub-Saharan Africa to grow to 500m mobile users, ‘The Mobile Economy: Sub-Saharan Africa 2017’ Report

Uncategorized
Sub-Saharan Africa accounts for nearly a tenth of the global mobile subscriber base and is expected to grow faster than every other region over the next five years. The mobile industry plays an increasingly important role in the social and economic development of the region: mobile connectivity has become the main platform for innovation and the driving force for greater inclusion, while the mobile ecosystem, including mobile network operators and device vendors, contributes significantly to economic growth and jobs. Across the region, mobile is enabling life-enhancing services that directly impact the UN Sustainable Development Goals (SDGs), complementing the efforts of governments and their development partners. The Mobile Economy: Sub-Saharan Africa 2017 report shows that mor...

Kenya and 8 other Sub-Saharan countries in Africa boast of more mobile money accounts than bank accounts

Business, Mobile
Reports by IPC Weekly Datashots - Highlights which speak to the incredible growth which is happening in Africa today, as well as the potential for future growth. As of June 2013, 98 million (48%) of the 203 million registered mobile money accounts globally were in Sub-Saharan Africa (SSA) - East Africa holding the lion's share of SSA’s total and accounting for 34% of the global total. In addition, 9 African countries including Kenya, Tanzania and Cameroon have more mobile money accounts than bank accounts - championing financial inclusion by providing financial services to more people than traditional banks have been able to reach. As of the end of 2013, there were 219 mobile money services globally (233 as of April 2014) and SSA is home to 52% of them. At the top of mobile money pro