Telecom

EIB helps Chad speed up digital migration

EIB helps Chad speed up digital migration
Monday, 14 December 2020 19:37

The European Investment Bank (EIB) said it will channel a series of projects to help Chad quickly achieve digital transformation. Through a deal signed last Dec 11 with the Chadian authorities, the European Union's financial institution agreed to provide technical expertise in three feasibility studies.

Each of the studies will focus on the provision of high-speed Internet, improved telecommunications, and the provision of better connectivity to remote rural communities, which are essential components of the government's plan to double the economic contribution of ICTs in the coming years.

"A high-impact investment in digitalization is essential to strengthen future economic growth and social progress in landlocked Chad. The new cooperation with the European Investment Bank will enable Chad to benefit from technical expertise and best practices in the digital sector," said Idriss Bachar Saleh, Minister of Posts and the Digital Economy.

Issa Doubragne, the Minister of Economy, Development Planning and International Cooperation, believes that "this new investment will strengthen Chad's resilience to the economic and social impact of Covid-19 and unlock sustainable development in the years to come."

On the same topic
Morocco to launch 5G in Nov., starting in 8 cities and airports. Operators commit to 45% coverage by 2026, 85% by 2030. Move positions Morocco...
Tanzania to build 1,400 towers by 2027 to boost rural Internet. First 626 sites live by June 2026, linked to national backbone. The project...
Ivory Coast partners with French rugby club Stade Français Paris to attract 5 million tourists by 2025. The "Sublime Côte d'Ivoire" logo will...
Indus Towers to expand into Nigeria, Uganda, and Zambia, leveraging Airtel and cost-efficient tower solutions. Entry challenges IHS, Helios, and...
Most Read
01

Over the past two decades, mobile money has grown into a cornerstone of African finance. Driven by i...

Africa’s Mobile Money Boom: A New Frontier for Global Payment Giants
02

It’s a common scene in any Lomé (Togo) market, but it’s telling. A customer hands a 10,000 CFA franc...

The Change Shortage: A Crisis Hidden by the CFA Franc’s Stability
03

• ECOWAS plans a rapid deployment brigade of 260,000 troops costing $2.5bn annually.• The force...

ECOWAS needs $2.5bn annual budget for anti-terrorism brigade
04

• Yunus Group opens Ivory Coast unit to finance projects, launch Yunus Pay. • Plans Ghana and Nigeri...

Yunus Group Expands to Ivory Coast, Eyes Ghana and Nigeria
05

Nigeria eyes $671m data center market by 2030, seeks Chinese investors. Rising mobile da...

Nigeria Courts Chinese Investors for $671 Million Data Center Market
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.