Africa ICT Sector Report 2023-2024

Africa's telecommunications industry has expanded rapidly in recent years, driven primarily by the mobile services segment. The number of mobile cellular subscribers in Africa more than doubled over the past decade rising at a CAGR of 7% in the 2010-2022 period making the continent the fastest-growing region in the world. In 2022, mobile phone users in Africa reached 1.2bn, making up 14.4% of the global total and ranking the continent second behind the Asia-Pacific region, which accounted for 56.4% of total users. The mobile segment is currently driven primarily by mobile data and the mobile money service in terms of both users and revenue.

This report provides a complete and detailed analysis of the "TMT" sector for PROD. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "TMT" sector in PROD
• Crystallise the forces both driving and restraining this sector in PROD
• Ascertain PROD’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in PROD.
• Build a clear picture of trends, output and consumption for specific sub-sectors