Event Description

The rise of a “smart”, connected Africa is allowing countries across the continent to leapfrog several stages of development in key areas such as banking and telecommunications and is reshaping business and society. Ericsson, a technology company, estimates that the number of mobile phones in Africa will rise to 930m by 2019—almost one per person—pushing internet penetration to 50% within a decade. This tech revolution, along with an expanding labour force and large consumer market, holds the promise of significantly accelerating growth for the continent.