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
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that vir...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
EBRD, EU, GCF, and Canada plan €65 mln ($77 mln) green loan for Crédit du Maroc. Funds to support clean energy, water treatment, and sustainable...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...