Africa's Mobile Market is among the Fastest-Growing in the World

Africa's mobile market is among the fastest-growing in the world, again gaining more than 70% in the first three quarters of 2005 alone, according to a study by Dublin-based Research and Markets. The fact that 14 African countries have achieved triple-digit compound annual growth rates (CAGR) for the past five years shows that this growth is not just short-lived. As early as 2001, Africa became the first continent as a whole where mobile phones outnumbered fixed telephone lines, which individually is the case in most African countries today.

Full text available to subscribers only