An interesting story from Total Telecom shows that Africa has become the fastest growing mobile phone market in the world, expanding by some 45% over the past year, according to new data from Wireless Intelligence. This is primarily because it’s coming from such a low base, but the trend is certainly encouraging. Even so, the continent still has a relatively paltry subscriber total, with just the 200 millionth subscriber being added in the first quarter of this year.
Penetration is highest in Southern Africa at 80%, thanks to South Africa’s highly developed market. West Africa, which grew by an incredible 75% over the past year, is catching up fast, while North, Central and East Africa all have a long way to go, with the latter two markets having penetration rates of just 20%. Political and economic development in West Africa is helping spur things along there, while increased competition between operators like MTN and Celtel, among others, are also doing their bit.

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July 8, 2007 at 8:49 pm
Good business, good works | Greenbang
[...] commerce in developing markets. Not only will this be a big new source of business (after all, Africa is the fastest growing mobile market right now), but it’s also transforming people’s lives in Kenya and other countries [...]