logo
ADVERTISEMENT

Comparison of mobile internet connectivity: Different countries in Africa

Kenya is arguably a leader in mobile money services, with a mature market contributing to high levels of financial inclusion compared to peers.

image
by Rosa Mumanyi

Infographics24 October 2024 - 07:44
ADVERTISEMENT

In Summary


    Comparison of mobile internet connectivity: Different countries in Africa
    Digital and mobile technology have delivered far reaching economic and social benefits in Kenya and continued investment in telecoms infrastructure has laid the foundations for a strong technology ecosystem.

    Mobile internet connectivity has greatly improved in the past 10 years, with 3G networks covering 99% of the population in 2023 and 4G coverage at 98%, with a significant percentage of 3G subscribers have already migrated to 4G.

    5G networks covered 6% of the population in 2023 and it is expected that 13% will be covered by the end of 2024 and reaching 99% in 2030 – supporting the vision of Kenya as a regional technology hub.

    Kenya is arguably a leader in mobile money services, with a mature market contributing to high levels of financial inclusion compared to peers.

    Mobile money account ownership surpassed traditional financial institution accounts already in 2014 and accounted for 70% of the adult population in 2021.

    Mobile is increasingly being used as the preferred savings method, with 24% of adults saving through mobile money in 2021.

    ADVERTISEMENT

    logo© The Star 2024. All rights reserved