Telecom

West Africa : Mobile services contributed 8.7% of GDP in 2018

West Africa : Mobile services contributed 8.7% of GDP in 2018
Wednesday, 17 April 2019 17:45

(Ecofin Agency) - 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.

On the same topic
IFC to acquire stake in KERA Health, an AI-based e-health platform in Senegal Funding to support digitized health services expansion across WAEMU...
The NCC Digital Innovation Park in Ogun marks a major milestone in Nigeria’s digital future, showcasing a united federal and state commitment to building...
Internet use in Africa is growing twice as fast as the global average Only 38% of Africans are online in 2024, far below the 68% global...
Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand data infrastructure in Djibouti, Ethiopia, and...
Most Read
01

• UBA Group expands asset management arm to Abidjan with UCAMWAL• Subsidiary to offer diversified in...

UBA Launches Asset Management Subsidiary in Côte d’Ivoire
02

• BOAD and JICA sign €200 million loan deal to support West Africa’s growth corridor plan.• Fun...

BOAD Secures €200mln from Japan’s JICA to Boost Regional Corridors
03

The African Development Bank Group has unveiled its first edition of Integrate Africa Magazine (I.A....

African Development Bank Launches Inaugural Integrate Africa Magazine (I.A.M)
04

BCEAO grants extra time for payment service providers to get licensed by August 31, 2025 Only...

West African Central Bank Extends Payment License Deadline to August 31
05

As international development aid faces growing pressure, the African Development Bank (AfDB) is ente...

AfDB Must Act as a True African Development Bank, Not Just Operate in Africa, says AFD’s Mariko
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.