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.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...
Rwanda ranks first in Africa in the World Bank’s Business Ready 2025 with a score of 67.94. Benin and Senegal enter Africa’s Top 10 for the first time...
Carrefour signed a franchise and supply agreement to enter Ethiopia with Midroc’s Queens Supermarket PLC. The partners will convert 13 existing stores...
Acumen closed a $250 million blended-finance raise for off-grid electricity in sub-Saharan Africa. The H2R Amplify debt fund reached $180...
Ivory Coast expects a new government after the prime minister and cabinet resigned following December 27 legislative elections. The ruling RHDP won...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...