Marcopolis presents the Ivory Coast Report featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking, capital markets, IT, oil and gas, agriculture, services, transportation, energy and more.
Developed in conjunction with Ext-Joom.com
The mobile penetration in Côte d'Ivoire is around 70% (16 million people out of 21 million). The number of mobile subscribers is low compared to other African countries.
According to Mr. Herbert the real mobile penetration rate stands at around 30%-40% (Many Ivorians use multiple SIM cards). With low mobile penetration levels the telecommunication sector in Côte d'Ivoire offers 20%-30% return on investment and allows for significant growth.
The market is less sophisticated compared to its African counterparts, but technology: smart phones, blackberry's and Ipad's, is making its way into this market.