Telecom

Zimbabwe: NetOne selects Huawei to upgrade its telecom network

Zimbabwe: NetOne selects Huawei to upgrade its telecom network
Wednesday, 03 March 2021 13:03

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

On the same topic
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
03

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
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.