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
Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...
MTN Zambia launched a Mastercard-powered virtual card enabling secure global online payments for u...
Ghana’s Tema Oil Refinery restarts after four-year shutdown TOR processes 28,000 bpd, about 62% of capacity Restart aims to cut fuel imports...
Copper prices near $13,000 a tonne on tariff speculation Traders rush shipments to U.S., tightening global inventories Supply...
Central African Republic holds presidential election as Touadéra seeks third term Vote held alongside legislative and local polls, first...
Exports surged 41% to nearly $289 million in 2024, a multi-year high, as the sector now targets the $300 million revenue threshold for...
Afrochella, now known as AfroFuture, is a cultural event held annually in Ghana, mainly in Accra, around the Christmas and end-of-year period. Launched in...
Algiers is a coastal capital of around four million inhabitants, located in north-central Algeria. Its urban structure, heritage, and social practices...