Literacy Rates in Africa
29 May 2023•
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One of the toughest challenges facing fintechs and banks trying to make a dent in financial inclusion is literacy rates across Africa. We’re not talking just about financial literacy here, but general literacy. Morocco and South Africa have the highest literacy rates in Africa; 98.2% of Moroccans and 95.3% of South Africans aged 15 years and older are literate. With regards to other dominant tech ecosystems, we have mapped literacy rates across key markets across the continent. This includes, 82.6% for Kenyans, 77.6% for Nigerians, and 73.1% for Egyptians. The country with the lowest literacy rate on the continent is South Sudan, where only 34.5% of the population aged 15 years and over is considered literate.
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We are a team of passionate Researchers, Data Junkies, and Story-Tellers that believe there is not enough quality business insights and compelling data analysis available in the marketplace, told in the formats users want. We want to give an insider's look into the industries, businesses and economies that are changing the world today, so our users can become inspired, empowered and equipped to run their businesses as best they can.
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