Wed, 25-Feb 2026

Search news articles
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics
  • Kenya Business NewsAfrican Business NewsGlobal News
  • Press Releases
  • Shows
  • Best Places to Work 2026
Subscribe
Events
Subscribe
  • Home
  • AllAgricultureBankingAviationEnergyManufacturingTechnologyStartups
  • Geopolitics

    Contact Us

    Media Queries & Partnerships:[email protected]

    About Us

    We are a leading integrated digital content platform providing in-depth business and financial news across Sub-Saharan Africa & the globe.

    Disclaimer

    The information contained in this website is for general information purposes only.
    © 2026 Wallstreet Africa Technologies LTD.. All Rights Reserved.
    1.0.32

    Kenya's mobile industry rated 2nd most improved in Sub-Saharan Africa

    Miriam
    By Miriam Wangui
    - March 05, 2019
    - March 05, 2019
    Kenya Business news
    Kenya's mobile industry rated 2nd most improved in Sub-Saharan Africa

    The mobile industry is a major contributor to economic growth. In 2018, the sector contributed $3.9 trillion to the global economy equivalent to 4.6 percent of world GDP. The industry provides employment to more than 32 million people directly or indirectly.

    The mobile ecosystem is rapidly growing and it is estimated that 5 billion people – 60 percent of the world population – will be active mobile internet subscribers by the year 2025.

    A report by GSMA intelligence shows that Kenya has Sub Sahara’s second most improved mobile industry after Cameroon. The improvement is attributed to better infrastructure and more affordable services. Kenya’s electricity connections rose to more than 50 percent of the population in 2018 from only 30 percent in 2014. In terms of network cover, access to 3G internet increased to 85 percent of Kenyans in 2017 from 67 percent in 2014. The quality of internet services has also advanced for the past four years.

    Stiff competition in the mobile internet sector has seen data prices drop to more affordable rates for Kenyan consumers. As a result, more people are able to buy data and hence growth in the mobile internet sector. Exponential growth in Swahili content on the internet has resulted in high consumption of mobile internet services.

    As per the report by GSMA intelligence, “More than 4 million people in Kenya connected to the mobile internet in between 2014 and 2017, increasing adoption from 16 percent to 24 percent.”

    Increased connectivity in mobile internet services has led to several economic benefits including; increased job opportunities, enhanced financial services, and better access to information.

    Kenya has 42.2 million active internet subscribers. Safaricom is the leading provider of mobile internet services in the country with 69.7 percent of the market share as at September 2018. Airtel and Telkom Kenya follow closely with 21.9 and 7.7 percent of market share respectively.

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...

    Your edge in markets, powered by AI

    Explore cutting-edge insights with our AI assistant, delivering real-time analysis, personalized news, and in-depth answers at your fingertips.

    Sign Up

    Show me today’s top trades

    Explain the market in simple terms

    What’s my next smart move?

    Report Issue

    Wall Street Africa Business Intelligence

    Access exclusive news, expert analysis, and tools designed to give investors an edge.

    Fixed Income

    Real-time bond pricing with instant calculations, auction data, yield curves, and trend analysis for Africa’s fixed-income markets.

    Local and Global Insights

    Unique perspective with a blend of local and global news and analysis, tailored for African investors.

    Real-Time Economic Indicators

    Monitor inflation, currency movements, and other key economic indicators for African countries.

    Interactive Data for Local Markets

    Visualize trends and compare markets across Africa with interactive charts and tools.
    Wallstreet Africa
    Wallstreet Africa
    Wallstreet Africa