Mobile sector in EA posts growth in 2023 – report

Mobile sector in EA posts growth in 2023 – report

Wednesday, June twenty sixth, 2024 06:30 | By

A person using his phone. PHOTO/ PRINT.

An individual utilizing his telephone. PHOTO/ PRINT.

The cellular business in East Africa is experiencing vital progress, with the common cellular penetration price throughout the area reaching 100 per cent by the top of 2023, a brand new business report has stated.

The East African Communication Organisation (EACO) stated in a report printed in Nairobi, that a number of nations in East Africa are experiencing significantly robust progress, with Uganda’s cellular penetration price rising from 70 per cent in 2021 to 81 per cent in 2023.

“South Sudan additionally noticed a big enhance, from 29 per cent to 36 per cent over the identical interval,” stated the report that covers Kenya, Uganda, Tanzania, Rwanda, Burundi and South Sudan.

EACO famous that Kenya and Tanzania have the 2 highest cellular penetration charges within the area, at 129 per cent and 113 per cent, respectively in 2023 as a result of state of affairs of a number of SIM card possession.

The findings point out that Rwanda’s cellular penetration price stood at 94 per cent in 2023, which represents a big enhance from 84 per cent in 2021.

EACO stated the East African area witnessed a big surge in cellular cash adoption lately as the common cellular cash service penetration throughout East African nations reached 64 per cent by the top of 2023, in comparison with 49 per cent in 2021.

The report stated Kenya maintained its lead in cellular cash penetration, with a big enhance from 59 p.c in 2021 to 75 per cent in 2023. “This progress will be attributed to the continued success of M-Pesa, a cellular cash service launched in 2007 by Safaricom, the most important cellular community operator in Kenya,” it stated.

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