Africa Might be Among the Best Places for Fast Internet Access Growth

“Emerging markets” enjoyed quite a run in the equities markets over the last decade, but have sputtered of late over concern about the legitimate impact of U.S. interest rate policies. It is too early to say whether the big emerging markets equity run is over, or only taking a pause.

What seems clear, though, is that growth prospects in Africa now are higher than has been the case over much of the last couple of decades. In fact, growth prospects, and therefore prospects for broadband access and any other Internet-related business, have grown, according to Gartner analyst Richard Gordon.

Gordon provides as evidence the growth of inquiries from Gartner clients, which are up significantly over 2012 levels, he points out.

“Most African countries are growing at seven percent to nine percent” rates, he notes.

So despite the likelihood that interest in investing in emerging markets will face a key test over the next couple of years, Gordon suggests Africa might well be a bright spot.

That should be true for providers of Internet access as well.