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
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Equatorial Guinea prepares offshore oil licensing round Reprocessed seismic data to attract investors, improve subsurface insights Move aims...
824 applications received for 182 bursary slots in 2026, up 7.85% from 2025 Only about 22% of applicants selected, indicating strong competition...
Damaged Russian LNG tanker drifting crewless toward Libyan coast Vessel hit by Ukrainian drone, carrying fuel and residual LNG Libya leads...
Moniepoint acquires restaurant software platform Orda Africa Deal expands integrated services across payments, operations, analytics Targets...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...