Friday, December 3, 2010

Kenya’s telecom revolution and the impact of mobile money

Africa Can... - End Poverty

Our third "Kenya Economic Update" – Kenya at the Tipping Point? – notes Kenya's strong economic recovery in 2010 reaching 4.9 percent of GDP. For 2011, we forecast growth of 5.3 percent.  The special Focus on the ICT Revolution and mobile money captures the economic momentum which is now spreading across Africa. Kenya now has 21 million phone subscribers, the vast majority connected by cell phones. With prices falling and coverage increasing, almost every Kenyan above the age of 15 will soon be connected by a mobile phone (see figure, red line).

read more

Sent with Reeder


Met vriendelijke groet,
Best regards,
Henk J.Th. van Stokkom.
(mailed from my mobile)