Paratus is stepping up investments in its network infrastructure to meet the accelerating demand for high-speed connectivity in Africa. Last week the company signed a partnership with OneWeb to build a teleport in Luanda, Angola.
Paratus Zambia, a subsidiary of pan-African broadband connectivity group Paratus, announces an agreement with Meta to build a 900-kilometer open-access metropolitan fiber network across ten cities in Zambia. The project aims to improve the quality of high-speed Internet connectivity in the cities concerned.
The project will be implemented in two phases, we learn. The first phase will be completed by January 2023, bringing fiber to six cities. The second phase is expected to connect the remaining four cities by the end of 2023. The network will be based on Paratus' existing fiber infrastructure in Zambia. It will also be connected to Paratus' neutral data center in Lusaka.
The investment is part of Paratus’ strategy, which aims to "transform Africa through exceptional digital infrastructure and customer service.” It comes in a context marked by low internet usage in Zambia, despite growing demand and accelerated digital transformation. According to the country’s regulator, in the second quarter of 2022, the internet penetration rate was just about 53%, representing some 10 million Zambians connected to the internet.
Ultimately, the project is expected to create about 500 jobs for local Zambian communities, and improve Paratus' infrastructure and network coverage and quality of service, among other benefits. " These metro networks are critical to building digital communities and helping businesses evolve, particularly in under-connected communities," said Nomonde Gongxeka-Seopa, Meta's Head of Public Policy in Southern Africa.
Isaac K. Kassouwi
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lil...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
First investor town hall since 2021 signals renewed engagement with markets Authorities hi...
Egypt approves 5.1 trillion pound budget for 2026/2027 Spending prioritizes health, education, social protection, economic growth Revenues projected...
The DFC plans to convert a $31M loan into equity in Syrah Resources, targeting a 20% stake in the Balama graphite mine in Mozambique. The deal...
Growth driven by reforms, mining income, improved tax administration S&P affirms B+ rating, revises outlook to positive Guinea's public revenue...
New unit targets overseas electricity projects and technical services Projects underway in Niger and Mozambique support expansion strategy Algeria's...
RFI confirmed the end of “Couleurs Tropicales” following Claudy Siar’s departure after 31 years. The move follows a series of high-profile exits...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...