With the restructuring process ongoing at Angola Telecom, the government wants to leverage the private sector’s expertise to strengthen the capabilities of its incumbent operator in a context marked by accelerated digital transformation.
Angola has contracted a consortium led by asset manager Gemcorp to renovate and expand incumbent operator Angola Telecom's transmission networks. A US$188.8 million service contract is expected to confirm the partnership.
The said partnership is part of the Angolan government's strategy to restructure Angola Telecom. In September 2021, Luanda started launched a process to select a private partner for a 15-year contract for the management and operation of the incumbent operator’s national telecommunications infrastructure its metropolitan fiber optic network, and even its businesses.
Meanwhile, the restructuring process is part of a broader strategy initiated in 2019 to improve the country’s economy by greatly involving the private sector, among other initiatives. Under that strategy, the country sold 51% of its stake in internet provider Net One and 90% of its stake in Multitel Serviços de Telecomunicações, which provides internet services to businesses.
According to the government, this partnership should allow the various electronic communications operators "to benefit from access to a robust and redundant national coverage network, and to offer their subscribers quality services at competitive prices.” This should accelerate the growth of the Angolan telecom sector as well as the Angolan government's digital economy and further advance its socio-economic development agenda.
Isaac K. Kassouwi
The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...
Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...
Launch led by Maroc Telecom, Orange, and Inwi Rollout targets 25% coverage by end-2025 under Digi...
DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...
West African officials met in Lomé to improve municipal finances for crisis response Talks focuse...
Namibia opens $205M Geingob Highway, cutting airport travel time by two-thirds Project boosts Windhoek’s logistics role, links to Kalahari...
Morocco begins review of 1969 Agricultural Investment Code to modernize sector Agriculture draws just 2% of investment; FDI halved since 2021 Reform...
Tunisia to invest $1B to expand Tunis-Carthage airport to 18M capacity Project includes metro link to ease congestion; feasibility study...
Togo hosts UK-WCAF trade forum, first held on African soil Talks focus on UK-Francophone Africa investment, trade, and market reforms Togo, UK sign...
The four-day exhibition (Nov. 12–15) in Dubai spotlights Lagos as Nigeria’s flagship tourism and creative hub. Organized by the Nigeria Association...
Mali holds meeting to unify government communication amid rising disinformation threats Ministers urged to adopt coordinated, credible messaging as...