The explosion of mobile phones in Africa in two graphs

Billionaire investor Kerr Neilson is betting on Africa in part because of its mobile revolution.

“To have reliable information about anticipated weather conditions and prices of agricultural products, to be able to transmit funds to relatives in remote and distant villages, to be able to access healthcare advice on one’s mobile phone, are huge breakthroughs,” he said.

Here are two charts from the Financial Review that will certainly please Neilson:

e366b4d0-1a81-11e3-b6e2-76e4ec7b1ea5_ves snag africa telco

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