Despite slowing global population growth in the coming decades, all regions are expected to urbanise further, as more and more of us settle in cities. Current estimates by the United Nations Economic and Social Council say that by the end of the decade, over 60% of the global population will be concentrated in cities, dramatically challenging the delivery of connectivity and public services.
Nowhere is this more evident than in Africa; by 2050, Africa will be home to 25% of the global population, increasingly concentrated in its cities. In fact, Africa is now the fastest urbanising region in the world; by the end of the decade, there will be 17 African cities with over five million residents, and five of them – Cairo, Johannesburg, Kinshasa, Lagos, and Luanda – will form megacities of ten million or more. This rapid urban growth has led to the rise of informal settlements with high mobile internet penetration but low access to fixed-line infrastructure.
Cerillion plc (LON:CER) is a leading provider of billing, charging and customer management systems with more than 20 years’ experience delivering its solutions across a broad range of industries including the telecommunications, finance, utilities and transportation sectors.