Telecom

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

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

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.

On the same topic
NEM, Perminas sign MoU on Gabon’s Maboumine project Perminas may take equity stake in rare earths mine Project targets 18,000 tons rare earths...
Regulator orders ISPs to block major platforms nationwide Move risks economic disruption amid 850,000 active users Gabon’s media regulator...
Algeria Telecom to deploy 345 4G stations nationwide First phase installs 195 stations, second adds 150 Plan aims to boost coverage,...
Around 50 Emirati investors held talks in Libreville Discussions covered stock platforms, cross-border transfers, digital bank No agreements...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

Ziidi Trader enables NSE share trading via M-Pesa M-Pesa revenue rose 15.2% to 161.1 billio...

Safaricom launches M-Pesa platform for stock trading in Kenya
03

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
04

Ghana has 50,000 tonnes unsold cocoa at ports Cocoa prices fell from $13,000 to around ...

After Côte d’Ivoire, Ghana Faces Cocoa Stock Build-Up as Prices Collapse
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.