It’s no secret that Africa’s youth population is growing and seeking online connectivity. So far, only two countries have 5G capabilities (Kenya and South Africa), with more set to follow in the coming years. The survey shows that mobile broadband can support sustainable growth in Africa to a large extent. For example, a 10% increase in mobile broadband penetration can drive economic growth of 0.6-2.8%; every additional 1,000 broadband users can create 80 new jobs; and doubling the average broadband speed can promote an additional 0.3% GDP growth. The report takes a closer look at five major countries in the region (Ethiopia, Ghana, Kenya, Nigeria and South Africa) and finds that:
In 2017, 2018 and 2019, Egypt accounted for nearly 50% of the region’s gaming revenue. Gaming company Ubisoft’s presence in Morocco continued into 2019, with revenue of $121 million. |
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