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Digital Transformation in Africa

Posted on

February 20th, 2025

Africa's digital transformation is accelerating, with the market projected to double from $22.67B in 2024 to $45.76B by 2029, representing a 15.07% CAGR. This surge is driven by the integration of digital technologies across industries, fueled by the African Union's Digital Transformation Strategy and increasing mobile internet penetration (46% in 2024).

The African digital economy is projected to grow from $180 billion in 2025 to $712 billion by 2050. This growth is driven by mobile financial services, e-commerce, and telemedicine.

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