A new report by GSMA forecasts that mobile technologies will add $290 billion to Africa’s economy by 2030. This significant economic contribution is driven by increasing digital adoption across the continent. The projection highlights the growing importance of mobile connectivity in supporting economic development in Africa. The report suggests that expanding access to and use of mobile services will unlock substantial economic opportunities. This growth will be fueled by factors such as increased mobile internet penetration and the expansion of mobile money services. The findings underscore the potential of mobile technology to drive inclusive economic growth and improve livelihoods across Africa.
