Mobile tech to add $290 billion to Africa's economy by 2030, GSMA says - Reuters
Mobile tech to add $290 billion to Africa's economy by 2030, GSMA says Reuters
The report highlights the accelerating growth of mobile technology in Africa, driven by increasing smartphone penetration and digital service adoption, making its economic impact quantifiable and immediate.
This indicates a significant economic growth driver for Africa, potentially fostering new markets and consumer bases for global technology and service providers while reducing reliance on traditional sectors.
The perceived economic trajectory and potential of Africa are shifted upwards, with mobile technology emerging as a pivotal force for widespread development and digital inclusion across the continent.
- · African mobile network operators
- · Global tech companies
- · African digital service providers
- · African economies
- · Sectors unwilling to digitalize
- · Legacy infrastructure providers
Increased investment in African mobile infrastructure and digital services will occur.
Enhanced digital literacy and access will spur entrepreneurship and job creation across various sectors in Africa.
African nations may leverage mobile-driven economic growth to develop advanced indigenous technological capabilities and participate more robustly in the global digital economy.
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Read at Reuters — Technology (Google News)