Pan-African internet service provider Paratus Group announced on Wednesday, March 23, the addition of the DRC to its terrestrial network and its expansion into that country. The announcement comes after Fast-Congo, a company created by Paratus and GBS, signed a 15-year leasing agreement with the Congolese government to activate, operate and maintain the Kinshasa-Muanda fiber network owned by Société Congolaise de Fibre Optique (SOCOF).
"This is an extremely important strategic development for Paratus. We are not only uniquely qualified to open this fiber highway in DRC, but we’re also uniquely placed to connect the country to Angola, Zambia, and beyond via our network in the SADC [Ed. note: Southern African Development Community]," comments Rolf Mendelsohn, CTO of the group.
The expansion is part of Paratus' plan to cover the whole of Africa to connect Africans with the whole world. In recent years, the company has made a series of investments in the development of its infrastructure. It recently invested $8.2 million in a data center, which will open in Namibia in August. This data center will be connected to Google's subsea cable, Equiano. For that purpose, the internet service provider built a landing station.
Combined with other investments, the infrastructures reflect Paratus' efforts to strengthen its position in the African market as demand for broadband connection is growing rapidly.
Through Fast-Congo, Paratus is entering a new market where it hopes it will gain a foothold by targeting both corporate and retail clients. Thanks to DRC's strategic location in Central Africa, the pan-African group could also provide its broadband services to neighboring countries while exploring new expansion opportunities in the region.
Isaac K. Kassouwi
Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...
Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...
Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...
DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...
Military escalation between Iran, Israel, and the United States has raised the risk of disruptions...
Rand Merchant Bank and the Development Bank of Southern Africa are preparing a five-year $122 million green bond. The bond will finance...
The World Bank approved $200 million to finance the sixth phase of Ethiopia’s Productive Safety Net Program (PSNP 6). The program aims to support...
Robusta coffee reached CFA2,074/kg ($3.68) FOB in Douala on March 3, surpassing cocoa prices for the first time. Cocoa traded at 1,521 FCFA/kg...
Cameroon plans $540 billion CFA refinery and fuel storage projects in Kribi Refinery capacity 10,000 barrels daily, rising to 30,000 by...
African-born artists generated $77.2 million in auction sales in 2024, down 31.9% year-on-year. Women artists accounted for about $22...
In April 2026, the Amani Festival will change venues. Forced to leave Goma for Lubumbashi due to growing insecurity, the event turns displacement into an...