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
South Africa 5G coverage rises to 58% in 2025 Rural access lags; some provinces below 15% coverage Regulator proposes incentives, sharing to expand...
Kenya launches initiative linking local and Thai tech firms Nairobi event connects 14 Thai and 50+ Kenyan companies Move aims to boost partnerships,...
Government considers joining Medusa cable to improve network stability Project estimated at €20–60 million, with rollout targeted for...
Djibouti launches École 42 digital training network with international partnership Program offers peer-learning, no degrees, focusing on practical tech...
Most Read
01

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
02

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
03

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
04

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
05

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
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.