NetOne, the mobile branch of Zimbabwean incumbent telecom operator TelOne, has selected Chinese technology company Huawei to carry out the modernization of its telecom network. The operation, which is part of the strategic cooperation between the two countries, is financed up to $400,000 by China.
This is phase 2 of NetOne's network modernization operation, which aims to improve broadband access throughout the country. ‘The successful implementation of this project will drive the development of related industries, improve Zimbabwe’s digitalization and modernization, and provide an efficient and convenient service platform for investors,” said Huawei executive Jiang Jiaqi
The financial and technological support that Huawei will provide to NetOne reflects a calming of the once tense relations between China and Zimbabwe over NetOne. In October, China indefinitely suspended funding for the operator's $71 million expansion project after the Zimbabwean government seized the investment capital, deposited it in an escrow account, to obtain foreign exchange.
NetOne's network upgrade will help provide more Zimbabweans with broadband access, which is critical to the digital transformation that the government is determined to accelerate this year. Zimbabwe wants to improve its weak digital readiness.
Muriel Edjo
Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...
Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...
Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...
From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...
As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...
IMF approves $266M RSF financing for Liberia climate resilience Additional $26M disbursed under ECF, total...
Facility to test food, plant, animal products and assess risks Lab aims to boost health protection and agricultural export...
Côte d’Ivoire launches BRIDGE project to tackle educational exclusion Program targets out-of-school children and illiterate...
Burundi ruling party selects Ndayishimiye for 2027 election CNDD-FDD extends dominance amid limited political competition Economic...
The history of Kerma stretches back several millennia. Located in what is now northern Sudan, the site was inhabited as early as prehistoric times....
CANAL+'s film arm backs a ZAR 300-million feature rooted in South Africa's anti-apartheid music movement. Production kicks off June 29 in Cape Town,...