Home Tech News GSMA: Mobile economy adds $153 billion to Africa in 2015

GSMA: Mobile economy adds $153 billion to Africa in 2015

GSMA: Mobile economy adds $153 billion to Africa in 2015
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Use of mobile technologies and services across Africa generated $153 billion in economic value in 2015, an equivalence of 6.7 percent of the continent’s GDP.

[quote font=”georgia” font_size=”22″ font_style=”italic” align=”left” arrow=”yes”]Africa’s mobile ecosystem also supported 3.8 million jobs in 2015 and made a $17 billion contribution to the public sector via general taxation. The number of jobs supported is forecast to rise to 4.5 million by 2020, while the tax contribution is expected to increase to $20.5 billion.[/quote]This is one of the highlights of a new GSMA study, ‘The Mobile Economy: Africa 2016’ published at the GSMA Mobile 360 – Africa event held this week in Dar es Salaam, Tanzania.

This contribution, according to the study is expected to increase to $214 billion by 2020 (7.6 per cent of expected GDP) as countries in Africa continue to benefit from the improvements in productivity and efficiency brought about by increased take-up of mobile services.

GSM base station
A telecoms base station

According to the report, Africa’s mobile ecosystem also supported 3.8 million jobs in 2015 and made a $17 billion contribution to the public sector via general taxation. The number of jobs supported is forecast to rise to 4.5 million by 2020, while the tax contribution is expected to increase to $20.5 billion.

The report also explains how mobile is powering innovation and entrepreneurship across Africa. It notes that there are now approximately 310 active tech hubs across the region, including 180 accelerators or incubators. Mobile operators are supporting this ecosystem by opening up APIs to third-party developers in areas such as messaging, billing, location and mobile money, which has allowed start-ups to scale quickly.

“The positive transformational impact of mobile is being felt more profoundly in Africa than anywhere else in the world; Africa’s mobile industry is at the forefront of helping to deliver the United Nations’ Sustainable Development Goals,” GSMA says.

“We are focused on creating a better future for citizens and businesses across Africa, providing access to essential information and services, improved employment and economic opportunities, and greater productivity and competitiveness”, according to the mobile industry pressure group.

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Kayode Oladeinde Technology Journalist at Technology Times. Mobile: +234 (0) 7031526929

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