Africa’s internet economy projected to grow to $180bn by 2025

Google and the International Finance Corporation estimate that Africa’s internet economy has the potential to reach 5.2per cent of the continent’s GDP by 2025. This would contribute nearly $180 billion to the economy. Driving this growth is a combination of factors; including a vibrant start-up ecosystem, and Africa’s commitment to creating the Africa Continental Free Trade Area. Joining CNBC Africa to unpack the latest report from Google & the IFC is Nitin Gajria, Director at Google Africa.

Thu, 12 Nov 2020 11:20:58 GMT
Sign Up for Our Newsletter Daily Update
Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.