Home Business Ghana Ranks Among Top Countries for Digitally Delivered Service Exports

Ghana Ranks Among Top Countries for Digitally Delivered Service Exports

The latest figures from the World Trade Organization (WTO) indicate that Ghana, Morocco, and South Africa collectively represented over 50% of the sub-Saharan region’s exports of digitally delivered services.

The WTO report, analyzing trade data from 2022 to 2023, identifies Ghana as the top exporter of digitally delivered services in Africa, with exports reaching $6.2 billion in 2022.

This accounts for a 19% share of the regional market. The report also forecasts a substantial rise in Ghana’s digital service exports for 2024, following a notable 30% growth in the previous year.

This growth is attributed to the government’s ongoing efforts to strengthen the digital economy.

Despite uneven infrastructure development across the continent, nearly half of Africa now enjoys enhanced connectivity.

The report highlights that further progress in digital services will require complementary policy and regulatory reforms.

These reforms must aim to keep digital communications affordable, provide citizens with crucial digital and entrepreneurial skills, and position businesses to leverage emerging opportunities in the digital economy.

SOURCE: Obikyere Abigail Seyram.