- Nigeria’s telecommunication sector has attracted a total investment of $75.6 billion since 2021.
- Kenya’s Safaricom is also among the success stories highlighting Africa’s true potential in the telcom industry.
- Today, there are over 270 million active mobile users in Africa.
Experts in Africa’s mobile industry are ready to crown a new king of the continent after investments in Nigeria’s telecommunication industry hit $75.6 billion since 2021. Aside from dominating Africa’s blockchain ecosystem, Nigeria is leading Africa’s steady digital transformation given its high adoption rate.
Africa is undergoing digital transformation, often times trailblazing the world. Todays era is bringing in innovations in several industries, but none have profited like Africa’s telecommunication industry. During the early stages of Africa’s “Digital” era, many telecoms embraced new technology that would connect and support new talent in Africa.
Africa’s growing telecom industry
According to Mordor Intelligence, Africa’s telecommunication industry will register 11.2 percent growth between…
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The post Nigeria aims for the crown of Africa’s telecom industry appeared first on The Exchange.