The number of smartphones shipped to Africa increased 7.6% from 18.1 million in Q2 2022 to 19.6 million in Q2 2023, according to the Worldwide Quarterly Mobile Phone Tracker recently issued by the International Data Corporation (IDC).
South Africa, Nigeria, and Egypt were the top African destinations over the period with Chinese Transsion's brands (Tecno, Itel, and Infinix) remaining the most popular. Next are South Korean Samsung and the Chinese Xiaomi.
The increase in smartphone sales in Africa during the second quarter of 2023 marks the end of seven consecutive quarters of decline due, in particular, to the pandemic period, which came with rising inflation, economic instability, depreciation of the local currency against the US dollar, and weak consumer demand.
Ramazan Yavuz, Senior Research Director at IDC, believes that the African smartphone market should continue to grow in 2024, even if the volumes will not reach the level seen in 2021 in the short term. "The difficulties and challenges posed by the global economic outlook continue to affect the region, preventing a faster recovery. In the long term, the influx of affordable mobile phone models from all brands and the acceleration of the transition from feature phones to smartphones will drive market growth," he explained.
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
UK unveils £50M plan to secure critical minerals supply by 2035 Strategy includes partnerships abroad, with focus on Africa's mineral potential UK...
Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing without IMF-recommended debt restructuring Eligible...
Guinea-Bissau holds presidential, legislative elections amid political fragility President Embaló seeks second term; 65% voter turnout reported IMF...
U.S. Exim to unlock $100B for critical minerals, gas, nuclear projects Egypt gets $4B credit guarantee to secure U.S. gas amid output...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...