A mobile money transfer agent attends a client. With Sub-Saharan mobile
broadband connections set to rise to over 160 million by 2016, Internet
connectivity across the continent is expected to improve. This will also
positively impact on mobile money transfers. PHOTO|FILE.
NATION
Mobile broadband connections are set to rise four fold in Sub-Sahara in the next three years.
This is expected to further accelerate Internet connectivity across the continent.
This has been revealed by a new report dubbed Transformative Solutions for 2015 and Beyond released on Friday.
According to this report, mobile broadband connections are set to rise to over 160 million by 2016 from 40 million in 2012 in Sub-Saharan Africa.
This will have a positive impact on financial growth especially through mobile money transfers across the continent while supporting business growth and service delivery in many countries.
The
study was conducted as a joint venture of the International
Telecommunication Union (ITU), Ericsson and United Nations Educational,
Scientific and Cultural Organization (UNSECO) through the Broadband
Commission Task Force on Sustainable Development.
“The report presents for the first time new research showing how countries around the world use their national broadband plans.
These plans are key policy instruments used to leverage the full potential of broadband as an enabling infrastructure to accelerate sustainable development,” ITU’s Secretary General Dr. Hamadoun Touré, observed.
In Kenya, mobile banking has helped improve financial access to 67 per cent currently compared to 40.5 per cent in 2009.
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