Further to that ‘ape_of_god’, the following info is extracted...

Further to that ‘ape_of_god’, the following info is extracted from a 16page report released yesterday, titled…..

“Africa Market Outlook 2018‑‑TMT intelligence
Moving from communications services to digital services”

It is produced by Ovum – Ovum is a market-leading data, research and consulting firm focused on helping digital service providers and their technology partners thrive in the connected digital economy. Through its 150 analysts and consultants worldwide, it offers expert analysis and strategic insight across the IT, telecoms, and media industries. A link to the complete report is here
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Here are a few excerpts from this report………..

“This report identifies and analyzes major recent developments in the African telecoms market, sets out the trends that will shape the future of the sector on the continent, and provides strategic recommendations for key players, based on Ovum's extensive Africa market data and five-year forecasts to end-2022.

Mobile financial services (MFS) have proved to be the most successful category of digital service on the continent so far, but there have also been developments in e-commerce, digital content, and the Internet of Things (IoT).

Data and digital are the main growth prospects for operators in Africa and should be central to their strategies. MFS have been the most successful digital services in Africa, and operators and their partners should be looking to bring these services to new users and also to expand the range of features and functions that these services offer. Operators should also be developing other promising digital service
categories, notably IoT services for utilities, agriculture, industrial sectors such as mining, and the public sector.

At the end of June 2017, there were 995.85 million mobile subscriptions in Africa, just short of the 1 billion mark. The rate of growth in subscriptions has slowed in recent years as mobile penetration on the continent has increased, and the number of mobile subscriptions in Africa increased by just 2.7% year on year in 2016, compared to growth of 7.7% in 2015 and 10.2% in 2014 (Figure 3). Ovum expects the rate of growth in mobile subscriptions in Africa to recover from the very low level recorded in 2016, and Ovum forecasts that there will be 1.05 billion mobile subscriptions in Africa at the end of 2017 and 1.39 billion at end-2022.
Mobile subscription penetration in Africa was 79.4% at end-2016, compared to a global figure of 97.9%.




The number of mobile devices in Africa is set to explode thanks to the need for people to connect, self-inform and facilitate P2P payments. The rapid growth in connectivity speed and access technology will spur this increased use to rates that mimic western mobile market saturation. SAS is at the forefront of this new and exploding market, facilitating access and driving the likes of existing telco business shown above.

Add to this mix, the spread of Blockchain and DAG ‘tangle’ technology and we have the makings for a truly disruptive era for connectivity and transactions whether they be financial or IoT based.
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