Daily Trust

GSMA: Telecom subscriber­s in SubSaharan Africa to reach 535m by 2020

- By Zakariyya Adaramola

More than half a billion people across SubSaharan Africa will have subscripti­ons to a mobile service by the end of the decade, as it becomes the fastest growing region in the world over the period.

According to a new report from GSMA Intelligen­ce, titled The Mobile Economy: SubSaharan Africa 2017, the number of unique subscriber­s will grow from 420 million (43 per cent of the population) at the end of 2016 to 535 million (50 per cent of the population) in 2020.

Subscriber growth is expected to be concentrat­ed in large, underpenet­rated markets including Democratic Republic of Congo, Ethiopia, Nigeria and Tanzania, which together will account for half of the 115 million new subscriber­s in the region during this period.

Growth will also focus on currently underrepre­sented segments such as the under-16 age group and women.

Mobile technologi­es and services generated $110 billion of economic value in Sub-Saharan Africa in 2016, equivalent to 7.7 per cent of regional GDP - a figure expected to grow to $142 billion (8.6 per cent of GDP) by 2020.

The mobile ecosystem also directly and indirectly supported around 3.5 million jobs in the region, and made a $13 billion contributi­on to the public sector in the form of taxes.

Operators have invested $37 billion in their

Newspapers in English

Newspapers from Nigeria