The positive prediction about Africa being the final gold mine continues as the Guardian reads that a report by South Africa-based Standard Bank Group has predicted that mobile subscription in Africa will reach 800 million subscribers by 2015.
According to Mr. Simon Freemantle, an economist and author of the report, said Africa had about 500 million mobile subscriptions in 2010, up from 15 million in 2000 and will hit 800 million by 2015.
He posited that, over the next five years East and Central Africa will enjoy the highest mobile subscription growth rates in the world, with three quarters of the increase expected to come from Uganda, Nigeria, Egypt, Tanzania, Sudan, Democratic Republic of Congo, Angola, Kenya and Ghana.
According to Mr. Simon Freemantle, an economist and author of the report, said Africa had about 500 million mobile subscriptions in 2010, up from 15 million in 2000 and will hit 800 million by 2015.
He posited that, over the next five years East and Central Africa will enjoy the highest mobile subscription growth rates in the world, with three quarters of the increase expected to come from Uganda, Nigeria, Egypt, Tanzania, Sudan, Democratic Republic of Congo, Angola, Kenya and Ghana.
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