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News: Ethiopia and Nigeria to Lead in Mobile Subscribers in Sub-Saharan Africa

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Ethiopia and Nigeria are expected to lead in mobile subscribers in Sub-Saharan Africa by 2025.

A new study from the GSMA has revealed that more than 160 million new mobile subscribers will be included in the region.

Accordingly, the number of mobile subscribers in Ethiopia will grow by 11 percent, while showing a 19 percent increase in Nigeria, the study indicated.

The Sub-Saharan Africa will remain the world’s fastest-growing mobile region over the coming years as millions of young African consumers become mobile users for the first time, according to the study.

It reveals that over 160 million new unique mobile subscribers will be added across the region by 2025, bringing the total to 623 million, up from 456 million in 2018.

The study calculates that the mobile ecosystem across Sub-Saharan Africa generated almost $150 billion in economic value last year – equivalent to 8.6 per cent of the region’s GDP. It is forecast to generate almost $185 billion (9.1 per cent of GDP) by 2023.

The new study also indicates around 239 million people, equivalent to 23 per cent of the region’s population, use the mobile internet on a regular basis.

The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with almost 400 companies in the broader mobile ecosystem, including device makers, software companies, equipment providers and internet companies.

Source: africabusinessnetworking.com

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