Exports of ICT services in Sub-Saharan Africa showed variability from 2013 to 2023, with notable growth from 2013 to 2014, followed by declines in 2015 and 2016. A recovery began in 2017, reaching a 2023 value of 4.0974 billion USD. In recent years, the sector showed a positive trend, with year-on-year growth of 4.72% in 2022 and 4.93% in 2023. The five-year CAGR for 2018-2023 stands at 5.23%. Looking ahead, the forecast indicates a continuous upward trajectory, projecting a forecast 5-year CAGR of 3.25% and an overall growth rate of 17.35% by 2028.
Future Trends to Watch:
- Technological advancements and digital infrastructure expansion.
- Policies to enhance ICT exports and economic collaboration with global markets.
- Investment in cybersecurity and digital skills training.
