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African Smartphone Market Grows 9% in 2024, Led by Transsion’s Dominance
The African smartphone market grew by 9% in 2024, reaching 74.7 million units, driven by easing inflation. Transsion led with a 51% market share, while Samsung and Xiaomi followed. Despite challenges like high inflation and currency depreciation, Africa remains a promising growth market, with expectations of slower growth in 2025.