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New middle class driving African mobile growth

Wednesday 2 March 2016 | 08:28 CET | News
Africa's telecom market will see further consolidation and more inbound investment as markets opens up and economic returns improve, according to research from Deloitte. The consultancy forecasts that there will be around 5.5 percent CAGR GDP growth in Africa through 2017 and expects the telecom sector to be driven by the rise of the middle class and business services. However as operators extend their network coverage, incremental subscribers often spend much less than more affluent early adopters of mobile services.

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Categories: Mobile & Wireless
Companies: Deloitte Nederland
Countries: Africa
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