The Congolese Postal and Telecommunications Regulatory Authority (ARPTC) has granted fiber Internet connectivity provider Liquid Telecom a license to build a subsea cable landing station in the country. The news was revealed last week by the public body on its Twitter page.
This new license will boost competition on a market so far monopolized by Société Congolaise des Postes et Télécommunications (SCPT). The new project seems to be a government security measure following the cutting of the West Africa Cable System (WACS) submarine cable, which deprived DR Congo of Internet access for three weeks. The country, which has no redundancy, had to negotiate a connection with Angola to get back access to the Internet for populations.
Liquid Telecom's landing station is expected to connect DR Congo to the subsea cable Equiano that Google wants to deploy between Africa and Europe.
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
Central Bank of Nigeria said 20 commercial banks have met new minimum capital requirements, with...
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Palm oil futures in Malaysia surged 9%, their biggest one-day gain in three years. The spike follows rising oil prices after escalating tensions in the...
FCMB Group has raised capital to meet the Central Bank of Nigeria’s new requirements. The recapitalization combined a public share offer and a partial...
IFC plans a guarantee facility of up to $50 million for Nairobi-based reinsurer ZEP-RE. The mechanism aims to strengthen the company’s credit...
Côte d’Ivoire has signed an agreement with the National Investment Bank to support diaspora-led projects. The deal includes tailored banking products,...
Located about forty kilometers east of Lomé along the Gulf of Guinea, Aného is one of the most historically significant towns in Togo. Nestled between a...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...