On February 2nd , the Egyptian company Benya Capital and the Congolese Post and Telecommunications Company (SCPT) finalized the deal for the deployment of 16,000 km of optical fiber across the Democratic Republic of Congo. The document was inked during the visit of the Congolese President, Félix Tshisekedi to Egypt between 1st -2nd of February.
As a reminder, negotiations for this contract started several months ago and have already led to the signing by both parties of a memorandum of understanding covering the technical, financial and social aspects of the project.
The 16,000 km of optical fiber that will be deployed this year will materialize the desire of the Congolese Head of State to make digital technology a pillar of national development. At the Council of Ministers of October 16, 2020, he deplored the lack of systematic investment policy in telecom infrastructure as the cause of the country's digital backwardness.
The new broadband telecom infrastructure expected from Banya Capital will therefore contribute to improving the coverage of the national territory in high-speed connectivity, reducing the digital divide and strengthening the technical means needed for digital transformation.
Muriel Edjo
Deposits grow 2.7%, supporting lending recovery Average loan sizes small, credit risk persists ...
Oil majors expand offshore exploration from Senegal to Angola Gulf of Guinea accounts for about 1...
MTN is considering buying back telecom towers it sold years ago, signalling that control of infras...
Rwanda, partners break ground on $2 billion Kigali Innovation City Smart city targets ...
The BCEAO granted Semoa a level-3 “full service” payment institution license on January 27, 2026...
BGFIBank is expanding its institutional presence in African mining finance, with a focus on the DRC and Ivory Coast. African banks, including AFG Bank,...
Flosell Limited plans Ghana’s first commercial-scale marine aquaculture project in partnership with Norwegian firms. The project will begin site...
Airtel Africa Foundation allocated 3.85 billion Ugandan shillings (about $1 million) in fully funded scholarships to 20 students. The...
The UMOA Banking Commission sanctioned three banks in Côte d’Ivoire, Niger and Togo with disciplinary reprimands and fines. The regulator imposed...
Porlahla Festival ends third edition in Kouto, promoting Senufo culture Event draws regional and international participants, boosting cultural...
Essaouira is a coastal city in Morocco, on the Atlantic Ocean, in the Marrakech–Safi region, about two and a half hours by road from Marrakech. It stands...