africa is open for business: growth within reach with mega trends
Post on 05-Aug-2015
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Mega Trend Africa Report Highlights
• A splurge of $80 billion investment in mobile networks across the continent will potentially create an opportunity of 80% mobile phone penetration by 2020
• Mobile transactions to account for 75% of all banking transactions by 2020 with value of transaction expected to reach $300 billion
• A possible cashless African economy will have 520 million Africans opting for mobile wallets by 2020
• Online B2C commerce in Africa to reach $74.6 billion by 2025 with the top 8 eRetailing hot spots to account for nearly 60% of the region’s online shopping
• The evolving Digital Payment System could potentially result in intra-African trade to account for nearly 23% of the total trade to be witnessed
• The proposed Free Trade Area (T-FTA) between SADC, COMESA, and EAC is all set to drive imports by an average of 60% by 2020
• Africa holds the potential to be a billion dollar market in both mobile & e-learning given highest growth witnessed in these areas
• Young working age population, huge beneficiation opportunities and increased mobile growth potentials would enable it to become the 2nd most fastest growing region by 2025
• With more than 70% urbanization rate expected by 2025, cities in Africa expected to witness a double fold increase in economic actity
Africa in a nutshell
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Possible Africa News Headlines in 2020
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Africa becomes first country Africa becomes first country Africa becomes first country Africa becomes first country
to launch a single trade to launch a single trade to launch a single trade to launch a single trade
currency that is virtualcurrency that is virtualcurrency that is virtualcurrency that is virtual
Robots to play a critical role Robots to play a critical role Robots to play a critical role Robots to play a critical role
in eradicating Ebola across in eradicating Ebola across in eradicating Ebola across in eradicating Ebola across
AfricaAfricaAfricaAfrica
Africa Africa Africa Africa usurps India usurps India usurps India usurps India to boast to boast to boast to boast
the largest working the largest working the largest working the largest working
population population population population
Africa trials unmanned air Africa trials unmanned air Africa trials unmanned air Africa trials unmanned air cargo travel connecting cargo travel connecting cargo travel connecting cargo travel connecting several towns & villagesseveral towns & villagesseveral towns & villagesseveral towns & villages....
Africa declared home Africa declared home Africa declared home Africa declared home to one to one to one to one out of five of the planet’s out of five of the planet’s out of five of the planet’s out of five of the planet’s
young young young young population.population.population.population.
Africa achieves digital Africa achieves digital Africa achieves digital Africa achieves digital economy milestone as 3G / economy milestone as 3G / economy milestone as 3G / economy milestone as 3G / 4G coverage expands to all 4G coverage expands to all 4G coverage expands to all 4G coverage expands to all
regions.regions.regions.regions.
Africa’s first company enters Africa’s first company enters Africa’s first company enters Africa’s first company enters
space tourism industry.space tourism industry.space tourism industry.space tourism industry.
SSA emerges as the world’s SSA emerges as the world’s SSA emerges as the world’s SSA emerges as the world’s new China.new China.new China.new China.
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For Additional Information
Samantha James
Senior Corporate Communications Executive , Africa +27 (0)21 680 3574samantha.james@frost.com
Richard Sear
Global Vice President:Visionary Innovation Research Group+1 (0) 210 247 3840
rsear@frost.com
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