Target markets

7 out of the 15 fastest growing economies, globally, are in sub-Saharan Africa. The population of Sub-Saharan Africa is 850 million and is growing at a rate of 2.3% per annum. There are more cities of over 1 million inhabitants in Africa than in Europe.

 

However, sub-Saharan Africa has the lowest internet penetration with around 96% of population currently without broadband internet access. With 62% of the population below 30 years old and the middle class expanding exponentially, tripling over the last 30 years, African internet revenues are forecasted to reach US$ 20 billion by 2015.

 

The lack of copper cable infrastructure makes wireless Internet technology the only viable alternative and 4G/LTE technology is currently the optimal solution.

 
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