Convening African Mobile Ecosystem Stakeholders at Mobile World Congress Americas
Africa is the fastest-growing mobile market in the world. The positive impact of the mobile industry on African communities has been discussed and proven in numerous studies and international media publications. From payments and commerce, to healthcare and agriculture, mobile’s impact has been as wide as its been transformational. In 2016, researchers from MIT found that access to the mobile-money service M-Pesa increased daily per capita consumption levels of roughly 2 percent of Kenyan households (194,000), lifting them out of extreme poverty (living on less than $1.25 per day) between 2008 and 2014. Safaricom’s M-Pesa is just one example of how mobile technology has achieved rapid adoption all over Africa and become the platform of choice for the continent’s digital transformation.