Telecom operators are increasing investments in submarine cable systems to expand the reach of global fiber optic infrastructure. Telecom Egypt and several other providers signed a memorandum of understanding this week to develop the Asia-Africa-Europe-2 (AAE-2) cable, aiming to improve intercontinental connectivity amid rising bandwidth demand and the need for diversified digital routes.
The AAE-2 will connect Hong Kong and Singapore to Italy, passing through Thailand, the Arabian Peninsula, and Egypt. Mohamed Nasr, CEO of Telecom Egypt, said the system will also interconnect with existing submarine cables to strengthen network integration. Once operational, AAE-2 will expand data transmission capacity, improve infrastructure resilience against outages or cyber threats, narrow the digital divide, and support the digital economy.
The project builds on strategic systems like AAE-1, SEA-ME-WE 6, and 2Africa, which link the African, Asian, and European continents. It will enhance intercontinental infrastructure to improve digital coverage in underserved regions.
Global internet traffic continues to grow due to the adoption of cloud computing, 5G, and digital platforms. The AAE-2 initiative is part of broader efforts to shift the balance of control in international digital networks in an increasingly connected world.
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...
Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
Faure Gnassingbé visits agricultural zones in northern Togo Government pushes for greater food sovereignty and self-sufficiency Farmers receive...
AD Ports signs 30-year concession to build dry bulk terminal in Douala €73.4m investment planned for first phase between 2026 and 2028 Project aims to...
Benin’s ANAC issues operating permit to Amazone Airlines Project aligns with national aviation and tourism ambitions Airline will face strong...
Kenya plans to attract $1.2–2bn investor for Kenya Airways KQ posted first operating profit in 11 years in March 2025 Government aims to reduce...
Benin is guest of honor at the 2026 African Book Fair in Paris. More than 400 authors and 150 publishers from 20 countries are expected. The spotlight...
had relaunched the International Festival of Saharan Cultures (FICSA) in Amdjarass after a seven-year hiatus. Niger participates as guest of honor,...