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
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Côte d’Ivoire plans 15 agri-tech hubs to support women in agribusiness The centers will focus on processing, training, and digital tools The project’s...
Kenya becomes the first African country to establish a formal digital dialogue framework with the European Union. The partnership targets...
Angola’s parliament unanimously approved a startup law to address legal gaps and support innovation. Authorities set a $3.5 million annual...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...

BOAD to Mobilize $1.3 Billion in Support of Burkina Faso 2026-2030 Development Plan
05

Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...

Algeria-based Yassir expands into media distribution in France with planned acquisition of Kawarizmi
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.