In 2023, Africa’s exports of information and communication technology (ICT) services reached $9.2 billion, marking a 5.4% increase from the previous year. The geographical breakdown of these exports shows that North Africa leads the market with $4.49 billion in ICT service exports for 2023. African digital service exports cover a wide range of areas. Despite this positive trend, African exports of ICT services represent only 0.85% of the global total, as noted in the Tralac report. According to projections from the WTO, African service exports could reach approximately $74 billion between 2023 and 2040, with annual growth exceeding 7%.

Source: The North Africa Journal October 08, 2024 16:53 UTC