Ghana Ranked 3rd In Africa Telecoms Index

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GHANA placed third out of 48 countries in the latest Sub-Saharan Africa Telecoms Risk/Reward Index Quarter One 2019 Report. The country with the second biggest telecommunication consumers in West Africa scored 49.9 out of a potential 100 points. Its Industry Rewards score stood at 36.3 points whilst Country Rewards score was 56.7 points.

There is an estimated 35 million mobile phone subscribers in Ghana with a penetration rate of about 120 per cent though the population is about 29.6 million. Many people use more than one mobile network out of the four mobile networks (MTN, Vodafone, Airtel Tigo and Glo).

Nigeria retained its position at the top of the regional league table with a score of 53.6 out of a potential 100 points. Its Industry Rewards score remains unchanged at 52.3 and is supported by the potential offered by the country’s large population.

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Nigeria’s mobile market had an estimated 160.35 million mobile subscribers at the end of 2017, which analysts expect to reach 215.57 million by 2027.
Congo Brazzaville was second with a score of 50.6 points whilst the Ivory Coast and Kenya were 4th and 5th with a total score of 48.4 and 47.9 points respectively.

Despite an upward revision to South Africa’s overall score (+3.5 points) it remains in sixth place. South Africa’s Industry Rewards score of 46.3 is bolstered by comparatively higher mobile ARPUs (an estimated US$7.3 in 2018).

However protracted policy uncertainty has weighed on its Industry Risks score.
Upward revisions to the Country Risks scores for Gabon, The Gambia and Sao Tome & Principe – coupled with relatively strong Industry Risks Scores – have propelled these countries into 7th, 8th and 9th positions respectively on the regional index.

The Gambia’s real GDP growth is expected to average 4.7 per cent from 2018 to 2027. Additionally, the government plans to boost the economy through investment in the National Broadband Network, for which it has earmarked US$25 million.

In Gabon, the report said investment in the country’s fibre network also presents an opportunity for operators as the government aims to invest US$ 280millionin its fibre-optic network. For, Sao Tome & Principe, economic growth has been supported by increased Chinese investment.

Under performers
Botswana saw a three-point decline to its overall score, to 43.9 points. However, the upward movement of markets with more robust growth trajectories was enough to dislodge it from its position.

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