Browsing: GSMA

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Africa: Facebook’s Meta shuts Express Wi-Fi across continent

Africa

This as 19 per cent of people in sub-Saharan Africa lived in areas not covered by mobile networks while an additional 53 per cent did not use mobile internet despite having coverage.

The need for accessible internet solutions comes after Meta (formerly Facebook) announced plans to shut down its low-cost Express Wi-Fi internet.

The programme was launched back in 2016 to drive internet connectivity in regions where other forms of connectivity, like ADSL and fibre-optic networks, aren’t readily available or established.

Elevating digital payments for a cashless future in Africa

Business

In a report by GSMA released earlier this year, mobile money accounts grew to 1.2 billion with 43% of new users all from Africa.

Inferring from this growth rate in just one year, it’s clear that the market size for offline payments is significantly larger than online payments. In coming years, we’ll be focusing on this space even as we continue to grow in online payments.

In sub-Saharan Africa alone, there are 44 million micro, small and medium enterprises providing the majority of jobs effectively serving as the backbone of the economy in their countries.

Broaband in Africa Ventures Africa

Widening broadband access can eliminate poverty in Africa 

Africa

In 2019, 9 per cent of the GDP in Africa was contributed by mobile technologies and services. This means the mobile industry in Africa is fueling sound growth and social impact necessary for acquiring sustainable economic growth.  

The world is interconnected and it is getting seamlessly interconnected by the hour each day. This means the more you get digitally connected the more knowledgeable, wealthy and creative you become, to say the least. 

This scenario is manifesting itself across developing countries, especially in Sub-Saharan Africa, where ingenious innovations are made in Rwanda, Kenya, Uganda, South Africa and Tanzania, featuring seamless use of online platforms to learn, earn a living and access services.