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With 500 Million cellphone subscribers the African market is larger than that of North America and is growing faster than any other region in the world

Africa has experienced a boom in mobile phone use over the past decade. In 1998, there were fewer than four million mobiles on the continent. Today, there are over half a billion users, with subscriptions soaring at a pace of over 500% per year.

The power of telephony in Africa goes beyond communication and has transformed lives, from banking to agriculture to healthcare.

Read the article from Killian Fox, The Guardian

http://www.guardian.co.uk/technology/2011/jul/24/mobile-phones-africa-microfinance-farming