African Internet Connection

Image sourced from Newsweek. Professional investors are forecasting strong growth in the value of Africa’s internet economy with mobile phones central to the expansion, new global research from blockchain-based mobile network operator World Mobile shows. Mobile Internet Will Lead Into a Boom Period The study with professional investors responsible for around $700-billion assets under management by independent research company PureProfile found one in four (25%) expect the value of Africa’s internet economy to more than double over the next three years from the current estimated $115-billion. More than half (51%) expect it to be worth more than $200-billion by 2025. Increased use of mobile phones will be central to the growth which will be further enhanced by improved affordability, the stu...