Telecom

ITU Telecom World 2019: Angola touts its ICT sector’s opportunities to investors

Tuesday, 10 September 2019 17:44
ITU Telecom World 2019: Angola touts its ICT sector’s opportunities to investors

(Ecofin Agency) - The International Telecommunications Forum, ITU Telecom World 2019, is being held from 9 to 12 September 2019 in Budapest, Hungary and today Sep 10 is dedicated to Angola. With this opportunity, the country intends to tout its ICT sector and show the business opportunities it can offer potential investors.

Under this government strategy to attract new investors, the telecoms minister, José Carvalho de Rocha (pictured), will meet with officials from various telecom companies, including Huawei, Liquid Telecom, and even the Executive Secretary of the Smart Africa Alliance, Lacina Koné.

Angola is currently connected to many submarine optical fiber cables including SACS, WCS, MONET, SAT-3, WASC/SAFE, and soon to the OneWeb satellite to facilitate Internet access in rural areas. Also committed to developing its space program, the country is now one of the African markets where Internet connectivity is most effective.

Through these multiple solutions that guarantee the continuity of Internet service and building an adequate business environment, the government is also seeking to improve its attractiveness for foreign direct investment (FDI), especially in ICT and telecoms. The idea behind it is to create training and job opportunities for youth and increase public revenues.





 
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