Telecom

Zain announces 5-year US$800 mln investment in Sudan

Zain announces 5-year US$800 mln investment in Sudan
Thursday, 01 December 2022 14:13

After the coronavirus pandemic, telecom consumers’ needs have greatly changed. To keep up with the challenge, telecom operators are investing heavily to meet current and future needs and be competitive in the coming years. 

Kuwaiti telecom group Zain announced, Wednesday (Nov 30), it would invest US$800 million in its Sudanese operations over the next five years. The investment aims to help upgrade the network infrastructure and deploy new ones to meet the growing demand for digital services. 

The investment program comes against a backdrop of accelerated digital transformation, including strong consumer demand for broadband connectivity and the emergence of new digital consumption patterns. Telecom operators are therefore investing in upgrading their networks to introduce the latest technologies and reach more people.

Recently, MTN Group, Zain's main rival in Sudan, signed a partnership agreement with U.S.-based LigaData to accelerate the digital transformation of its operations in the country. The company also has a 10-year partnership underway with Canada's NuRAN Wireless to deploy more than 500 telecom sites in the country’s rural areas.

The announced investment is therefore expected to strengthen Zain’s position in the Sudanese telecom market. For the first nine months of 2022, Zain generated revenues estimated at US$339 million (up 41%) with EBITDA estimated at US$178 million. During the period, the operator’s subscriber base also grew to 16.2 million subscribers. 

Isaac K. Kassouwi

On the same topic
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets digital economy, education and technology...
The government is asking SOTEL and Airtel to amend a 2025 agreement The N’Djamena–Mberé route is central to Chad’s international...
Burkina Faso achieves 91% of 2025 digital transition targets 370 localities connected, 146 online public services operational Government...
MTN entered advanced talks to acquire IHS Towers, in which it already holds a 25% stake. A full acquisition could value the remaining shares at...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...

Crypto Sovereignty Was CAR’s Goal. A Report Says Crime Risks Took Hold Instead
03

African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...

African Startup M&A Hits Record 67 Deals in 2025, Led by Fintech
04

Royal Air Maroc signed a deal with DAE to lease 13 Boeing 737-8 aircraft. Deliveries are schedule...

Royal Air Maroc to lease 13 Boeing 737-8 jets from DAE as fleet expansion continues
05

Visit scheduled from February 4 to 6, 2026, at the invitation of President Hakainde Hichilema Tal...

Ghana’s president to visit Zambia to deepen economic and trade cooperation
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.