Mobile Industry contributed $102 billion to Africa’s GDP in 2014

by | Oct 13, 2015

The mobile industry in Sub-Saharan Africa contributed $102 billion to the region’s economy in the year 2014. This data was revealed from a new study conducted by the GSM Association titled “The Mobile Economy – Sub-Saharan Africa 2015”.

Founded in 1995, GSMA is an association of mobile operators and related companies devoted to supporting the standardizing, deployment and promotion of the GSM mobile telephone system.

The study revealed that last year’s $102 billion economic contribution was equivalent to 5.7 per cent of the region’s GDP, as mobile operators directly contributed $31 billion, representing 1.7 per cent of GDP during the year.

By 2020, Sub-Saharan Africa is expected to receive $166 billion in value as economic contribution from the mobile industry. This will be equivalent to about 8 per cent of expected GDP.

This economic contribution is expected to increase over the coming years as mobile operators continue to extend connectivity to unconnected populations across the region and roll out new mobile broadband networks and services.

See the detailed study represented by an infographic:

Genevieve Craig
Genevieve Craig

I’m an introverted extrovert and an experiential junkie that’s nocturnally creative, and likes English way too much!

On January 22, 2022, be part of the largest gathering of innovators, startup founders, thinkers, programmers, policymakers, and investors in West Africa. Register free.


Recent News

Subscribe to Techpoint Digest!

A daily 5-minute roundup of happenings in African and global tech, sent directly to your email inbox, between 5 a.m. and 7 a.m (WAT) every week day!

Please check your email to confirm your subscription.

Subscribe to Crypto Explorer

A monthly series featuring in-depth analysis on the cryptocurrency sector in Africa

Please check your email to confirm your subscription.

Subscribe to The Experts

A bi-weekly where tech career specialists take us on their journey from newbie to expert, and how they became successful in the industry.

Please check your email to confirm your subscription.

Subscribe to Founder's Table

A monthly series, where we catch up with founders in the startup ecosystem, learn about their failures, successes and a few tricks of the trade

Please check your email to confirm your subscription.

Copy link
Powered by Social Snap