Telecom

Isocel Benin gets €6mln from Bpifrance to broaden network scope

Isocel Benin gets €6mln from Bpifrance to broaden network scope
Thursday, 22 October 2020 13:55

Benin’s Internet Service Provider Isocel has received a loan of €6 million from French public investment bank Bpifrance to expand its network.

With this investment, the telecom company will extend its fiber-optic network over 500 km in the greater Cotonou area. Currently, the company has only a 90 km network in the city. The ISP has opted for the construction of an aerial infrastructure fixed on power poles. This solution enables it to halve the cost and installation time compared to a buried optical fiber. Work will begin next January and should be completed in the second half of 2021.

To obtain financing from Bpifrance, Isocel favored French suppliers. The optical fiber will be acquired from the company Acome, whose plant is in Normandy, and supplied via the exporter Geka Telecom. Sagemcom will then install the broadband telecom infrastructure, while Taho has been awarded the project management contract.

With its network extension project, Isocel's objective is to get at least 10,000 subscribers over the next three to five years. The company is competing in the fiber-to-the-home segment with Société béninoise d'infrastructures numériques (SBIN) - which brings together the assets of Bénin Télécoms Services (BTS), Bénin Télécom Infrastructure (BTI), and the former operator Libercom - which is also rolling out an optical fiber network and targeting 50,000 subscribers within three to four years.

On the same topic
Nigeria to use NigComSat to connect 20 million unserved citizens Satellite, fiber rollout aims to bridge urban-rural digital divide High costs,...
The government says price reductions must be real, visible and applied to daily-use plans. Authorities denounce a system in which poorer households pay...
Chad and U.S. officials discuss expanding American involvement in digital projects. Washington is exploring opportunities tied to Chad’s 2030...
Government to invest CFA33 billion in rural connectivity between 2026 and 2027. Program will lean on new technologies, including DirectToDevice...
Most Read
01

Anthropic, Rwanda’s government, and ALX launched Chidi, an AI mentor built on Claude. It wi...

Anthropic Partners with Rwanda, ALX to Deploy Claude-Powered AI Learning Companion Across Africa
02

(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...

MCB deploys strategic financing to Invictus Investment to scale up its agro-food operations in Africa
03

S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...

S&P Raises Zambia’s Foreign-Currency Rating to CCC+
04

Government, ESCWA, and experts meet to shape national framework Plan aims to fight corruption, c...

Mauritania Advances Blockchain Policy to Modernize Digital Public Services
05

MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...

Africa HealthTech Bootcamp Opens in Benin With Focus on Regulation and Startup Growth
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.