internet services have experienced exponential growth in Africa, thanks to the significant investments made in building backbone infrastructure and the roll-out of 3G networks. This has allowed millions of Africans to connect to the internet for the first time.
McKinsey said the continent was now in a better position in terms of international bandwidth, as capacity had been added faster than peak demand had grown.
According to the report, only 16% of the continent’s 1-billion people are online, but the take-up is rising rapidly as mobile networks are built and as the cost of internet-capable devices continues to fall.
More than 720-million Africans have cellphones, about 167-million already use the internet and 52-million are on Facebook.
"The internet is a catalyst for economic growth," said McKinsey director and co-author of the report Saf Yeboah-Amankwah. "In China, India and Brazil, it has contributed more than 10% of total GDP growth over the past five years.
"Its impact in Africa to date has been much smaller, but is likely to accelerate in the coming decade and could have a transformative effect on the continent’s development."
source: www.bdlive.co
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