In West Africa, mobile technology and services contributed 8.7% of GDP in 2018, the GSM Association (GSMA) indicates.
During the period under review, they generated $52 billion, a volume that may rise to $68 billion by 2023 or 9.5% of GDP.
The 2018 performance was achieved thanks to 185 million mobile users, including 100 million internet users. This represented 53% of mobile penetration rate and 40% for internet.
The mobile ecosystem contributed $4.4 billion to public treasuries in the region via taxes. $2.8 billion was contributed via value-added taxes, sales taxes and various duties while $1.6 billion was levied on firms and jobs.
This sector also created 1 million direct jobs and 600,000 indirect jobs.
3G technology was the most used. Its use will be higher in 2019 while the 4G use will increase to overtake 2G use.
According to the GSMA, West Africa leads other sub-regions in the adoption of mobile internet. An additional 80 million people should use it by 2025. The market will also get more than 60 million new subscribers, half of which will be in Nigeria.
The GSMA estimates that in 2019/2020, the region’s mobile telephony operators will spend $8.5 billion for infrastructures representing a $1.6 billion increase compared with the volume invested in the past two years.
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
Nigerian billionaire adds $5.78 billion to his fortune in under four months Gains driven by strong stock performance of BUA Cement and BUA...
Malawi's listed government bonds will pay about $346 million in annual coupons, The situation is exposing how a domestic debt market built...
Countries sign MoUs covering defense, health, aviation, and digital systems Agreements include cooperation on digital identity and public...
Tullow Oil narrowly survived a brutal 2025, but a $223 million pile of unpaid bills from Ghana now fully exposes its single-country...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...