It is estimated that Africa’s Internet economy has the potential to reach 5.2% of the continent’s gross domestic product (GDP) by 2025, contributing about $180-billion to the continent’s economy, a report released by Google and the International Finance Corporation (IFC) on November 11 shows. Driving this growth is a combination of increased access to faster and better quality Internet connectivity, a rapidly expanding urban population, a growing technology talent pool, a vibrant startup ecosystem and Africa’s commitment to creating the world’s largest single market under the African Continental Free Trade Area.
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