SA the fourth fastest growing

SA the fourth fastest growing digital economy worldwide, largest in Africa

Falling in just behind China, Malaysia and Thailand, South Africa also holds pole position as Africa’s largest digital economy.

SA the fourth fastest growing

According to the MasterCard Digital index, South Africa comes in at number 33 in a global survey of 50 countries. Mzanzi is the frontrunner in Africa for digital evolution, with Egypt at number 48 and Kenya at 49.

MasterCard vice president of global insights, Ted Iacobuzio, attributes our position to a “highly developed telecommunications network” and “high smartphone penetration.”

The rankings are measured in terms of  digital readiness, defined by the markets’ ability to support and encourage digital commerce and payments.