According to a report by the Uganda Communication Commission (UCC), a government with a mandate to regulate the Communications sector, its revealed that the number of internet subscriptions in Uganda increased by 1.9 million by end of 2021.
In a beautiful country transforming into a middle class economy and having the youngest median aged population, this illuminates a ray of hope to the future of technology and the online economy.
According to the report by the end of September 2021, total internet subscriptions increased by 10% crossing the 22 million mark for the first time.
This translates into a broadband penetration rate of 52% meaning that every 1 in 2 Ugandans has an active internet connection. The report meanwhile notes an increase in the number of network-connected devices which grew by more than 580,000 terminals.
The commission attributes the upward trend to the indicative of behavioral shifts from dual or multi-SIM gadgets.
They however note that the behavioral pattern may have been driven by study-from-home connectivity challenges that saw parents shift their secondary SIM cards to new devices and routers for home-school during the pandemic.
This could be a great opportunity for entrepreneurs that seek to invest and reap from the growing Ugandan online economy.
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