Telecom

Paratus Group expands in the DRC

Paratus Group expands in the DRC
Friday, 25 March 2022 17:39

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

On the same topic
Government meets Vodafone Egypt and Vodacom executives as part of broader group-level digital discussions Talks focus on infrastructure, e-government...
Rwanda becomes the first African government to sign a multi-sector AI partnership with Anthropic. Government developers gain access to Claude and...
The government launched the “Ijraati” platform, centralizing more than 800 administrative procedures. Mauritania ranks 165th globally in the 2024...
Morocco ranks first in Africa with average mobile speeds of 124.32 Mbps, placing 39th globally. South Africa and Tunisia follow with 65.70 Mbps and...
Most Read
01

Absa Kenya hires M-PESA’s Sitoyo Lopokoiyit, signalling a shift from branch banking to a telecom-s...

Absa Kenya Imports a Telecom Playbook in Bid to Reinvent Retail Banking
02

MTN Group has no official presence in the Democratic Republic of Congo, where the mobile market is d...

DRC Accuses MTN of Illegal Operations, Spotlighting Border Frequency Issues
03

South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...

Three Countries Drove 70% of Africa’s M&A Deal Value in 2025
04

Safran invests €280m to build one of the world's largest landing gear plants in Morocco, crea...

Morocco: Safran Announces $305 Million Investment to Build One of the World's Largest Landing Gear Plants
05

This week in Africa, Africa CDC is stepping up its drive for health sovereignty, building new partne...

Weekly Health Update | Africa CDC Advances Health Sovereignty Efforts
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.