The Prepaid Economy: African Edition |
95% of Africa's mobile phone subscribers are on prepaid, pay as you go plans. So are customers of electricity, water, satellite TV, doctor's visits and much more. Innovative, flexible and exciting, this blog tracks the economic aspirations of pay as you go Sub Saharan Africa. |
Growth of Internet use in Africa has superseded global average in the last decade reaching 2,000 per cent compared to the global’s 480 per cent.
The significant growth is attributed to information technology (IT) developments in the continent in recent years including improved means of connectivity such as links with the global fibre-optic cables, declining prices of computers as well as increasing access to mobile phone Internet enabled handsets.
However, a report by a market research company, Frost &Sullivan, still shows that Internet penetration is still lower in the continent compared to the developed world.
