Telecom

Mali govt invests $117.3bn to improve fiber optic network

Monday, 08 January 2024 15:35
Mali govt invests $117.3bn to improve fiber optic network

(Ecofin Agency) - The Malian government seeks to strengthen the national telecom infrastructure as part of its digital transformation ambitions. The aim is to gradually include the 65% of the population who, according to DataReportal data, still lack access to the Internet.

The Malian government has initiated a project to extend the national fiber optic network. The contract was awarded to the Chinese company China International Telecommunication Construction Corporate for $117.3 million, as agreed at a cabinet meeting on January 3.

The expansion will cover areas such as Mopti, Koro, Tombouctou, Gao, Ansongo, and Labenzaga, with an estimated project duration of 24 months. This investment aligns with the Malian government's digital transformation agenda, seeking to create an ecosystem conducive to startup emergence, modernize administration, and foster sustainable economic prosperity. The government is currently working on developing a National Policy for the Development of the Digital Economy 2024-28.

Once completed, the project will not only enhance the quality and reduce the costs of internet services in the targeted areas but also extend the reach of these services to thousands of additional people.

According to DataReportal's statistics, Mali had 7.91 million internet users at the beginning of 2023, with an internet penetration rate of 34.5%. The number of mobile phone subscribers stood at 22.48 million, covering 98% of the population.





 
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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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