The Ivorian government continues to implement its digital development strategy through 2025. With strategic investments, the country aims to strengthen its digital infrastructure and position its economy for a prosperous future.
The Ivorian telecom sector reported revenue of CFA1.219 trillion ($2.01 billion) in 2023, a significant rise of 29.68% from CFA940 billion in 2019. Guy-Michel Kouakou, head of Telecommunications Regulation at the Ivorian Telecommunications Regulatory Authority (ARTCI), shared this at a press conference in Abidjan on October 29.
This growth stems from substantial investments, with CFA244.4 billion dedicated to telecom infrastructure development in 2023 alone. By March 31, 2024, these efforts had expanded fiber-optic networks to 30,240 kilometers, reaching 8,080 of the country’s 8,518 localities—achieving a coverage rate of 94.86%.
Mobile phone usage has surged, with a penetration rate of 181.1%, while internet access grew to 74% of households in 2023, up 21% from the previous year. Mobile phones are now in 99% of households, with 66% of individuals—or approximately 17.9 million people—owning one. However, some rural areas still face minor digital access challenges.
These investments are part of Côte d'Ivoire’s National Digital Development Strategy (2021-2025), which outlines 32 reforms and a total projected investment of CFA2 trillion. If fully implemented, the World Bank estimates this plan could generate over $5.5 billion by 2025 and surpass $20 billion by 2050.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Senegal mobilized 304.15 billion CFA francs ($533 million), exceeding its CFA200 billion target. The offering attracted strong demand with a 152%...
West African Development Bank plans CFA6,500 billion ($11.5 billion) in financing for 2026–2030. The strategy relies on borrowing, securitization,...
S&P cuts Senegal’s local currency rating to CCC+/C and assigns a negative outlook. The country faces financing needs estimated at 26% of GDP in...
Sub-Saharan producers delay crude sales despite available April-loading cargoes. Supply disruptions linked to Strait of Hormuz closure support...
The Bijagos Archipelago, located off the coast of Guinea-Bissau, stands as one of West Africa’s most extraordinary island systems. Made up of around forty...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...