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
The Ugandan government says it will not restrict Internet access during the January 2026 elections. Authorities emphasize regulation and content...
Algeria launched a digital guide to improve labor market access for people with disabilities. Authorities positioned the initiative as part of a...
Senegal will deploy satellite antennas nationwide in 2026, President Bassirou Diomaye Faye said. The program aims to provide free internet access to...
Burkina Faso to accelerate online justice services rollout from 2026 New platforms enable remote filings, documents, prison visit requests Reform aims...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
03

Gabon names Thierry Minko economy and finance minister in Jan. 1 reshuffle Move follows tra...

Gabon Appoints Thierry Minko Economy Minister in Post-Transition Reshuffle
04

Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...

Ethiopia Secures Preliminary Eurobond Restructuring Deal With Private Investors
05

Heirs Energies acquires M&P’s 20% Seplat stake for $496M, exiting french group Maurel & Pro...

Heirs Holdings Push Oil Equity Production to 50,000 Barrels Per Day Following $496 Million Share Acquisition in SEPLAT
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.