Intelligent CIO Africa Issue 07 | Page 61

INTELLIGENT BRANDS // Mobile Technology Sub-Saharan Africa to surpass half a billion mobile subscribers by end of decade The number of unique mobile subscribers in sub-Saharan Africa will grow from 43% of the population at the end of 2016 to 50% in 2020 M ore than half a billion people across sub-Saharan Africa will be subscribed to a mobile service by the end of a decade, according to a new GSMA study. The new report, The Mobile Economy: Sub-Saharan Africa 2017, was published at the GSMA Mobile 360 – Africa event. It forecasts that the number of unique mobile subscribers in sub-Saharan Africa will grow from 420 million (43% of the population) at the end of 2016 to 535 million (50% of the population) in 2020, making it the fastest growing region in the world over this period. The report also highlights the sub-Saharan Africa mobile ecosystem’s growing contribution to regional GDP, jobs, innovation and socio- economic development. www.intelligentcio.com “Sub-Saharan Africa will be a key engine of subscriber growth for the world’s mobile industry over the next few years as we connect millions of previously unconnected men, women and young people across the continent,” said Mats Granryd, Director General of the GSMA. “Mobile is also offering sustainable solutions that address the lack of access to services such as health, education, electricity, clean water and financial services, which still affect large swathes of the population.” Connecting the young and closing the gender gap Subscriber growth is expected to be concentrated in large, underpenetrated markets such as the Democratic Republic of Congo (DRC), Ethiopia, Nigeria and Tanzania, which together will account for half of the 115 million new subscribers expected in sub-Saharan Africa by 2020. Growth will also focus on currently under- represented segments such as the under–16 age group, which accounts for more than 40% of the population in many countries, and women, who are currently 17% less likely to have a mobile phone subscription than their male counterparts. Mobile is also a vital tool in delivering digital and financial inclusion in sub- Saharan Africa. Around 270 million people in the region now access INTELLIGENTCIO 61