The telecom company Africell Holding SAL was finally awarded, on 19 May 2020, Angola's fourth mobile license, which is moreover a unified global license.
Last March, the investor, who had successfully passed the qualification phase instituted by the Angolan government, was invited by the inter-ministerial working group - made up of the Minister of Finance, the Minister of Telecommunications and Information Technology and the Minister of Economy and Planning - to present its technical and financial offer.
However, at the launch of the telecoms resource allocation process, several telecoms operators - including MTN, Orange, Maroc Telecom, and Vodafone - had expressed their interest. But only Africell followed through on its interest by making its bid official.
As a reminder, the 4th license was previously held by Telstar but President Joao Lourenço terminated this agreement in April 2019 as the company failed to comply with certain procedures inherent in the operation.
Africell Holding SAL already operates in the Gambia, Democratic Republic of Congo, Sierra Leone, and Uganda. Ziad Dalloul, the company's founder and CEO, sees Angola as a market with high potential.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
TEF selects 3,200 entrepreneurs across 54 African countries Beneficiaries receive training, mentoring, and up to $5,000...
Ghana approves new engineering and agriculture university in rural areas Three campuses aim to expand access beyond major cities Project...
Amazone Airlines begins flights between Cotonou and Parakou on March 23 The carrier emerges from a merger aimed at rebuilding national air...
Middle East disruptions cut global jet fuel shipments by about 21% Europe faces supply strain as Asian and Gulf flows decline Dangote refinery emerges...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...