Telecom

Ivorian Telecom Revenue Climbs 30% Over Four Years

Ivorian Telecom Revenue Climbs 30% Over Four Years
Thursday, 31 October 2024 16:52

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.

On the same topic
Botswana and five Southern African countries will harmonize mobile roaming tariffs. The initiative is part of the regional One Network Area (ONA)...
Senegal’s police recorded 3,794 cybercrime offenses in 2025, close to the 3,902 complaints logged in 2024. Most cases involve online scams, data...
South Africa’s SAAO and the U.K.’s Hartree Centre launched the “Intelligent Observatory” program. The project will integrate AI and...
Niger is validating a national digital development strategy covering 2026–2035. The plan focuses on expanding fiber infrastructure, digital...
Most Read
01

Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...

Ethiopia’s State-Owned Telco Teams Up With Ericsson to Expand and Upgrade Its Network
02

EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...

EIB Commits €1 Billion to Renewable Energy Under Africa’s “Mission 300” Initiative
03

MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...

Satellite direct-to-device telecoms: promise, momentum and hard limits
04

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
05

Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...

Nigeria Rolls Out 1% Tax on Informal Businesses Under New Fiscal Framework
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

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


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.