Telecom

Mali govt invests $117.3bn to improve fiber optic network

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

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.

On the same topic
Orange Côte d’Ivoire launched “Ma Box Internet” to enable self-management of fiber services via mobile. The app allows users to monitor connections,...
Initiative builds data for voice, translation, speech technologies Effort aims to expand digital access, support inclusive AI...
Niger, Algeria plan cooperation on digital skills, ICT training Talks include skill centers, train-the-trainer programs for capacity...
Platform links agencies, cuts delays, costs, boosts transparency Reform aims to enhance competitiveness, support growth and digital...
Most Read
01

Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...

African fintechs are moving beyond payments - and into business operations
02

The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...

West Africa Targets Diaspora Funds With New Banking Access Rules
03

UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...

UBA, British International Investment explore Africa trade finance deal
04

Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...

Ghana pushes UN recognition of slave trade as crime against humanity
05

ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...

ECOWAS, China Discuss Cooperation on West Africa Power Projects Under $36.39B Plan
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.