Alan Sinfi eld CEO - 9mobile
Telecoms is one of the fastest- growing sectors of Nigeria’s economy, expanding 18.8% year-on-year in the second quarter of 2020 alone, despite the economic impact of the pandemic, according to the National Bureau of Statistics. The sector is worth around $75bn - almost 15% of overall GDP - with nearly 200 million active mobile phone lines. It is also a magnet for foreign investment, attracting $830m in foreign capital in 2019.
Leading telco 9mobile aims to be a central part of this growth story, having grown its subscriber base by around 20% to over 13 million Subscribers in the last six months of last year alone.