Growth in mobile payments reached 8% in 2017, according to the Central Bank of Kenya (CBK). While steady, this was slower than in 2016 and 2015, when industry growth was 19% and 17%, respectively. Industry stakeholders reported that muted consumer spending was partly due to lower-than-expected economic growth.
Having earned the moniker Silicon Savannah – a status the country first actively sought in 2013 when it launched its economic development roadmap, Vision 2030 – Kenya has made significant strides in ICT. Vision 2030 included a technology development blueprint with the main objective of transforming the country into a global digital player....
One of the most bullish outlooks of any sector in the country can be found in Tanzania’s telecoms industry. Already a model for development in sub-Saharan Africa, the sector has recorded rapid recent growth in activity, supported by some of the lowest user tariffs in Africa, speedy smartphone and mobile broadband uptake, and steady investment...
Improvements in and expansion of ICT services has accelerated in Tanzania over the last decade, supported by new submarine cable connectivity, successful completion of a National ICT Broadband Backbone project and rising investment in mobile broadband networks. Martin Warioba, managing partner of WS Technology Consulting, told OBG, “Local ICT...
With explosive growth in mobile broadband uptake since 2012, Tanzania’s rapidly expanding 3G and 4G networks are driving urban telecoms growth and benefitting from significant capital expenditure in recent times. However, 3G coverage remains limited to just 35% of the population, while 4G services do not extend beyond urban areas at present....
The steady process of telecoms liberalisation in Tanzania has seen private investment in the sector soar in recent years, as mobile operators invest heavily in broadening next-generation services and mobilemoney platforms. In a bid to ensure that the domestic economy benefits from the increased activity in the sector, successive presidential...
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