Vodafone Africa as Banker Poised to Outearn South Europe

Vodafone Africa as Banker Poised to Outearn South Europe

Akos Stiller/Bloomberg

A pedestrian passes a Vodafone Group Plc communications store in Budapest, Hungary. While Europe has more mobile-phone accounts than people, there’s ample room for handset ownership in Africa to grow, from about 73 percent of the population last year to 85 percent in 2015.