Modernity and Use of Technology in Sub-Saharan to rise by 2025
In the Sub-Saharan Africa modernity was an issue but starting from 2017 there was a rise in unique mobile subscribers both male and female of all age groups. The penetration rate started in 2017 and there were 444 million who subscribed but by 2025 it is expected to rise up to 4.6% and the targeted subscribers are 634 million.
The number of excluded licensed cellular and Sim connections was 147 million in 2017 and by 2025 is expected to reach 1 billion. The penetration rate is at 75% and will rise to 84% in 2025 that is 3,7% and this is a goal to achieve a better and more sustainable future for all mobile users in Sub-Saharan Africa.
The modernity of unique subscribers help address goals of sustainable development and Universal call to action to end illiteracy among people and ensure that all people enjoy using the Internet, calls, text messages and prospect. As you can see, accelerating move to mobile broadband networks and smartphone adoption is increasing from 2017 there was 38% and in 2025 it is expected to be at 87% considering the rate at which it is moving and this is a total of all connections from 446 million by the end of 2017 to 640 by 2025.
Also these can be seen by the growth of driving revenues and operator investments. The operator revenue has risen from 40billion in 2017 to 44 billion by 2025, subsequently raising operator revenue by 1.2%.
Mobile phone in the region is contributing to economic and social development across Africa because there is digital inclusion of 300 million of people who go online and are expected to increase by 2025.
Also there is financial inclusion being delivered to the unbanked population.
There are about 135 mobile money services in 39 countries. For example in Zimbabwe there is EcoCash, Telecash and OneMoney mobile money platforms. Mobile Money penetration is effectively driving Zimbabwe towards a digital economy due to the cash crisis prevailing in the country.
Figures posted across the banking sector have shown an immense contribution by mobile and digital platforms in terms of the volume of transactions which has been identified as a key initiative in the face of the prevailing foreign currency and cash shortages.
The contribution of digital payment systems has become a key revenue driver for most business. Even though the central bank has increased the tax on electronic transactions more people will find it easy and convenient for them to transact electronically.
Social development and economic contributions are ensured because of a number of innovations which included new services and Apps up to 44 million by 2025.
Mobile industry is contributing to an extent that there is a rise in public (before regulatory and spectrum fees) from $14 billion in 2017 expected to surge to $16 billion by 2025 through initiatives such as funding of outbreak of diseases and natural disasters.
Employment creation is generated when all the drivers of the economy interact with socio economic development and growth together in an ecosystem. Multiplier of innovation jobs such as designers, scientists, construction, manufacturing, retail and these jobs are being supported by mobile ecosystem.
As at December 2017 at least 3 million people benefitted from the mobile ecosystem with projections of reaching about 3.45 million by 2022.