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Mbwana Alliy, founder of Savannah Fund. (Image source: SmartMonkeyTV/Youtube)

The programme for this years Africa Hotel Investment Forum will feature a one-to-one interview with Mbwana Alliy who is the founder and managing partner at Savannah Fund, an Africa focused Technology Venture Capital fund that runs both an accelerator and seed investments in e-commerce, gaming, education technology and social networking

(Image source: Photo-Mix/pixabay)

Barry Mansfield looks at the factors driving the growth of next-generation data storage in Africa

Africa is expected to reach 1bn mobile subscriptions in the fourth quarter of 2016 and 1.02bn by year-end, according to research from Ovum


The advisory firm predicts that the total number of mobile subscriptions on the continent total 1.33bn at the end of 2021.

According to the firm, the average rate of mobile penetration in Africa was 79 per cent at the end of June 2016.

Ovum notes that data capabilities, as well as data and digital service revenue, is set to drive growth in Africa’s telecoms market.

Mobile broadband will rise dramatically, as operators continue to launch 3G and 4G LTE networks. 

“As Africa nears the landmark of one billion mobile subscriptions, it is clear that the next phase of growth will be in broadband connections and in revenue from data access as well as from new ‘digital services’ such as digital media and mobile financial services,” said Matthew Reed, practice leader, Middle East and Africa, at Ovum.

“However, Africa remains less advanced than most other world regions in its broadband development, and there is both an opportunity and a need to further improve connectivity on the continent, and to take advantage of the benefits that connectivity can bring."

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