Telecom

Egyptian Benya Capital to install 16,000 km of optical fiber in DR Congo

Egyptian Benya Capital to install 16,000 km of optical fiber in DR Congo
Friday, 05 February 2021 13:37

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

On the same topic
The government will apply a 15% tax on all payments to foreign digital platforms starting Jan. 1, 2026. The measure targets major platforms such...
Guinea launched consultations to draft a national AI strategy after an October assessment supported by the UNDP. The country scored 30.21/100 on...
Ethiopia adopts “Digital Ethiopia 2030” to guide digital transformation Strategy targets infrastructure, connectivity, innovation, and public...
Hatif Libya to decommission 70 telephone exchanges in telecom upgrade Fixed-line services to shift to LTT as part of modernization plan...
Most Read
01

Vodacom Tanzania launches M-Pesa Global Payments, enabling seamless international transactions thr...

Tanzania’s Mobile Money Goes Global: Vodacom Partners with Visa, Alipay, and MTN
02

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
03

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
04

Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...

Togo’s Kossi Ténou Appointed President of AMF-UMOA
05

Senegal, BOAD launch Fovas to monetize public infrastructure assets Fund aims to boost financing...

Senegal, West African Development Bank Create Fund to Monetize Public Assets
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.