VENTURES AFRICA – The Chairman and Chief Executive Officer of Nigerian Channels Television, Mr. John Momoh, has predicted that internet penetration in Africa will hit 50 percent by 2025. The current level of Internet penetration on the continent is about 16 percent, a poor statistics when compared with the global average of 35 percent.

He stated this at a briefing on the topic: “Africa’s Media –The Future,” at a cocktail put together by members of KPMG Nigeria Alumni in Lagos recently. According to Momoh, the number of internet users would increase to 600 million by 2025 from 167 million. Quoting a recent global report, he also predicted that the number of smart phone users in Africa will rise to 360 million by 2025, from the current 67 million.

“The total mobile subscriptions count in Africa was 851.13 million at the end of the second quarter of 2014. Ovum forecasts that Africa’s mobile subscription will exceed one billion during 2016 and reach 1.23 billion by the end of 2019,” he added. “Africa’s mobile broadband subscription count will rise from its previous count of 26.5 million at the end of 2010 to 950 million at the end of 2019.” Read more