Telecom

Maroc Telecom invests €150 mln in subsea cable to connect African subsidiaries

Maroc Telecom invests €150 mln in subsea cable to connect African subsidiaries
Friday, 02 June 2023 19:09

The demand for broadband connectivity is set to keep growing in Africa over the next few years. To meet this demand, operators are strengthening their infrastructure. 

The Moroccan telecommunications group Itissalat Al Maghrib (Maroc Telecom) has invested 150 million euros in the construction of a new fiber optic submarine cable. Called "West Africa", the infrastructure was presented at Gitex Africa 2023, held in Marrakech from Wednesday, May 31 to Friday, June 2. It links the company's subsidiaries and operators in the West African region to the international optical loop in Europe.

The new cable is 9,414 km long and comprises two segments. The South segment interconnects Morocco with Côte d'Ivoire, Togo, Benin, Gabon, and Mauritania via 7 landing points over a distance of 8,600 km. Commissioned in July 2021, it provides a capacity of 20 Tb/s, expandable to 40 Tb/s. The North segment was commissioned in April 2022, linking Casablanca to Lisbon (Portugal) over a distance of 814 km, with a capacity of 60 Tb/s.

This investment should enable Maroc Telecom to strengthen the capacities of its subsidiaries, which have become a major factor in the Group's growth in a highly competitive domestic market. In the first quarter of 2023, the subsidiaries generated MAD4.6 billion ($455 million) in sales, up 7.3%, while its domestic operations generated MAD4.7 billion (up 0.6%). This performance by subsidiaries in sub-Saharan Africa was driven in particular by a 27% growth in the mobile data segment.  

According to Maroc Telecom, the West Africa cable "aims to support digital transformation in Africa by offering high-speed broadband Internet access, and to bring populations closer together by promoting digital integration."

Isaac K. Kassouwi

On the same topic
37 companies express interest in satellite-based internet program Initiative aims to extend connectivity to remote and underserved...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband access and reduce digital gaps Opens potential...
Government moves to counter surge in AI-enabled cyber fraud Mobile money fraud exceeds $30 million annually as attacks rise New...
Ethio Telecom, Mastercard discuss expanding cross-border payments partnership Collaboration targets remittances, fintech integration, multi-currency...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
04

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
05

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
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.