logoBC
Yaoundé - 13 April 2024 -
Public management

Information and communication services grew by 8.5% QoQ in Q3 2022, driven by the Internet and mobile money

Information and communication services grew by 8.5% QoQ in Q3 2022, driven by the Internet and mobile money
  • Comments   -   Wednesday, 22 March 2023 15:19

(Business in Cameroon) - Information and communication services in Cameroon grew by 8.5% QoQ in Q3 2022, contributing 0.2 percentage points to the GDP, the national stats institute INS reported.

“This performance is the result of the multiplication of promotional offers introduced by operators to stimulate consumption of internet services and payments via mobile phones,” the agency said, revealing that growth within the sector was mainly driven by Internet and mobile money.

As a reminder, information and communication services are part of the tertiary sector, which was the main driver of growth in Cameroon in Q3 2022, with a contribution of 2.5% to the country's GDP growth.

BRM

air-peace-expands-service-with-new-route-from-abuja-to-yaounde
Nigerian airline Air Peace has expanded its operations in Cameroon with the opening of a new flight route from Abuja, Nigeria's capital, to Yaoundé, the...
cameroon-cuts-rice-prices-following-import-deal-with-india
The Cameroonian Ministry of Commerce announced yesterday a significant reduction in rice prices effective Friday. This price adjustment follows the...
cameroon-exported-657-3-tons-of-palm-oil-in-2022-despite-production-shortfall
Cameroon, grappling with a chronic shortage of palm oil production, exported 657.3 tons of the commodity in 2022. This export generated about 713.6...
cameroon-s-trade-deficit-worsens-over-six-years-despite-import-substitution-efforts
Cameroon’s trade deficit has significantly worsened from 2017 to 2022, totaling a loss of CFA256 billion over the six-year period, according to the...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »