Some problems seem unsolvable; some probably are nearly unsolvable. But the growing middle class in many parts of Africa is a huge and important deal, given the relative or nearly-complete failure of many aid programs over the last half century, one might argue.
From a communications industry perspective, the growth explains, in part, not just growing interest but growing revenue possibility.
People often forget that all jobs come, in the final analysis, from the health of the private economy. People work in public sectors, to be sure, but all those jobs are funded by taxes on people who work, and companies that hire them. The whole point of any economic development effort is sustainable growth of the private economy.
Without robust economic growth, little in tax revenues is possible. The growth of the African middle class is a hugely-important development.
Showing posts with label Africa. Show all posts
Showing posts with label Africa. Show all posts
Monday, May 2, 2011
Africa's Growing Middle Class is a Huge Deal
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Wednesday, April 20, 2011
Mobile Money Could Be 5% of Africa Mobile Operator Revenue in 2015
As of September 2010, at least 19 countries in sub-Saharan Africa and North Africa had "mobile money" service available, according to Pyramid Research, which forecasts that by the year 2015, revenue generated from mobile money services could represent around five percent of total operator revenue on the continent.
read more here
read more here
Labels:
Africa,
mobile money,
money banking
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Wednesday, December 19, 2007
Mobiles Displacing Landlines in Africa
Mobility increasingly is the way human beings talk, though in many cases the use of Subscriber Information Management (SIM) cards might outpace the propagation of devices.
The substitution of cell phones for landlines is increasing across Morocco, Algeria, Sudan and Tunisia, for example.
In Mauritania, the number of SIM cards per landline was 29 in 2006, compared to 14.7 in 2005, which is the highest rate among the seven countries of Algeria, Egypt, Libya, Mauritania, Morocco, Sudan and Tunisia.
In 2006, Egypt and Libya counted the lowest ratio of SIM cards versus number of
landlines, respectively, at 1.7 and 4.9. In Libya, 2006 marked the year whereby SIM card numbers topped landlines.
The substitution of cell phones for landlines is increasing across Morocco, Algeria, Sudan and Tunisia, for example.
In Mauritania, the number of SIM cards per landline was 29 in 2006, compared to 14.7 in 2005, which is the highest rate among the seven countries of Algeria, Egypt, Libya, Mauritania, Morocco, Sudan and Tunisia.
In 2006, Egypt and Libya counted the lowest ratio of SIM cards versus number of
landlines, respectively, at 1.7 and 4.9. In Libya, 2006 marked the year whereby SIM card numbers topped landlines.
Labels:
Africa,
cell phone usage,
mobile,
wireless substitution
Gary Kim has been a digital infra analyst and journalist for more than 30 years, covering the business impact of technology, pre- and post-internet. He sees a similar evolution coming with AI. General-purpose technologies do not come along very often, but when they do, they change life, economies and industries.
Subscribe to:
Posts (Atom)
Will AI Fuel a Huge "Services into Products" Shift?
As content streaming has disrupted music, is disrupting video and television, so might AI potentially disrupt industry leaders ranging from ...
-
We have all repeatedly seen comparisons of equity value of hyperscale app providers compared to the value of connectivity providers, which s...
-
It really is surprising how often a Pareto distribution--the “80/20 rule--appears in business life, or in life, generally. Basically, the...
-
One recurring issue with forecasts of multi-access edge computing is that it is easier to make predictions about cost than revenue and infra...