There Are Now 37.7m Facebook Users

There are now in Africa about 37.7 million Facebook users according to its Initial Public Offering (IPO) filing.  At this number, it means that the penetration rate is less than 4% in the continent – so, the social media site has a big opportunity to grow in the continent. Since July 2010, the growth rate has been more than 165% for Facebook in Africa.

 

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