McKinsey Global Institute published a report in November 2013 that highlights Africa’s internet opportunity. This report offers some great insights into Africa’s changing economic landscape and how the internet is contributing to the growth of African economies. In this report the authors introduce iGDP a measurement of the Internet’s contribution to overall GDP.
According to this report Africa’s iGDP is 1.1 percent which is half of what other emerging economies register while Internet penetration hovers at 16 percent across the continent as a whole. The report goes further to look at internet penetration in rural and urban areas.
Other Notable Statistics found in this Report on internet in Africa today
-16% internet penetration
-167 Million internet users
-67 Million Smartphones
-Over 50% of Urban residents are online
-51.6 Million Facebook Users and
-$ 18 Billion internet contribution to GDP
The report is highly recommended because it provides statistics which can be used in the cyber-security debate plus it highlights the opportunity of internet connectivity.
Source: Mckinsey website