In 2017, the ICT sector has generated CFA636.3 billion of revenues, thus 5.1% of Senegal’s GDP which is about CFA25,400 billion. This is the estimate given by the outlook and economic studies division (DPEE) of the Senegalese ministry of economy, finance and planning in its “2017 economic and financial situation and 2018 forecasts” report.
In 2016, economic growth was at 8.7% with an income of CFA601.4 billion and ICT sector had generated CFA471 billion. This was in a context marked by the rise of 4G and a penetration rate for mobile telephony exceeding 100%.
Meanwhile, in 2017, telecoms services recorded a slight increase of 0.8% against +5.7% in 2016. As for “other information and communication services”, they generated CFA165.3 billion.
According to DPEE’s forecasts for 2018, the share of ICT in GDP will slightly decline at 5.0% despite higher revenues (CFA681.9 billion), spurred by “the strong growth of 'other information and communication services' (+19.2% in 2018 against +19.7% in 2017). Meanwhile, telecoms services are expected to grow timidly (+2% in 2018 compared to +0.8% in 2017)”.
However, the division said that telecoms services should benefit from 4G's launch and a growing innovation in the ICT sector.
Muriel Edjo
Africa’s energy & mining exports benefit from US tariff exemptions, cushioning trade as most other...
Development Partners International sold its 20.17% stake in Atlantic Business International for mo...
Nigerian fintech Paystack launches Paystack Microfinance Bank Bank created after acquiring ...
Nigeria granted Amazon Kuiper a seven-year license starting February 2026 The move opens comp...
This week in Africa, Africa CDC continues its clinical trial on mpox, while a new study highlights l...
Fitch revised Benin's outlook to Positive (B+), citing 7.5% growth and a debt-to-GDP ratio projected to fall to 49.8% by 2027. Despite growth, GDP per...
Plan targets safety, infrastructure, and skills development through 2045 Sector remains weakened by post-war underinvestment and low oversight...
Caledonia seeks $125 million to finance gold operations in Zimbabwe Funds will support Bilboes development and ongoing Blanket...
Blue Earth Capital secures over $100 million first close Impact secondaries strategy targets emerging markets, including Africa and...
Located at the mouth of the Senegal River, about twenty kilometers from the Atlantic Ocean, Saint-Louis Island holds a distinctive place in the country’s...
Benin considers hosting a pan-African cultural event inspired by FESMAN but plans to use a different name. Culture Minister Jean-Michel Abimbola...