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Accelerants for Growth in Africa: Cell Phones and Banking (FT Press Delivers Elements)

Author Vijay Mahajan
Publisher FT Press
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Book Details
Author(s)Vijay Mahajan
PublisherFT Press
ISBN / ASINB004323DZU
ISBN-13978B004323DZ8
Sales Rank3,226,650
MarketplaceUnited States 🇺🇸

Description

This is the eBook version of the printed book.

This Element is an excerpt from Africa Rising: How 900 Million African Consumers Offer More Than You Think (9780132339421) by Vijay Mahajan. Available in print and digital formats.

Discover Africa, the world s fastest-growing cellphone market and learn how those cellphones are creating a foundation for breakthrough growth.

There are now more than 130 million Africans with cell phone subscriptions, and it is the fastest growing mobile phone market in the world. A 2007 study by the Africa Media Development Initiative found that cell phones were achieving a compound annual growth rate of 85 percent or more in 10 of the 17 African nations surveyed