Senegal seeks Vietnamese investments in telecoms
Friday, 20 March 2020 15:38
The government of Senegal has announced plans to attract Vietnamese investors in its telecom sector. A partnership in that regard was discussed last week in Dakar, between Nguyen Thanh Vinh, the new Vietnamese Ambassador to Algeria and Senegal, and the President of the Republic of Senegal, Macky Sall.
During this trip, the Vietnamese envoy also met with the Senegalese Minister of Foreign Affairs and the Minister of Commerce to explore partnership opportunities in other domains
Currently, in Africa, the main Vietnamese investment in telecommunications is the Viettel Group which ended 2019 with a turnover of $11 billion. Present in Cameroon, Burundi, Mozambique, and Tanzania, the company is also eying Ethiopia.
Live News
-
Safaricom Deploys $ 154 Million Green Bond to Slash Energy Costs and Widen Margins
11:33
-
Italian Tractor Maker McCormick Enters Ethiopian Agricultural Machinery Market
10:17
-
Mauritius Creates National Unit to Oversee AI Development
10:08
-
Zambia and Yango Held Talks on Digital Transformation
10:06
-
Togo Pitches Reforms at Ongoing Diaspora Investment Forum
17:03
-
Local Initiatives Organise Fish-Farming Bootcamp in Move to Slash Cameroon’s Fish Import Bill
13:37
-
The report shows that Cameroon Firms Flag Production Cost Relief as Financing Pressures Bite
12:51
-
Togo, French Business Community Set to Deepen Cooperation on Urban Projects
12:41
-
SCB Bank Expresses Desire to Contribute to More Financing Towards Cameroon’s Micro-Business Engine
12:20
-
Moyen-Mono 2, French Metropolitan Authority Sign Agreement to Support Urban Services
11:40
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...
Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...
Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...
Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...
Safaricom secured KES 20B ($154M) in a 176% oversubscribed green bond, funding tower solarisation to cut diesel costs permanently. Capital is deployed...
McCormick Tractors enters Ethiopia through an exclusive distribution partnership with Kerchanshe Group. Ethiopia plans to increase its tractor fleet...
South Africa’s BBI and Huawei are building a national optical backbone to meet SA Connect goals by 2030. Huawei’s 800G tech enables real-time data...
New export rules fail to resolve key concerns, keeping cobalt shipments stalled. Producers say quotas, royalty rules and procedures remain unclear...
Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...
Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...