Telecom company KaiOS Tehnologies announced June 21 it has secured the support of French group Orange in raising $50 million to improve Internet access in Africa.
With this sum, KaiOs will reinforce its footprint on the growing market of smartphones; a market that should enable 827 million African people have access to digital services.
“We are looking forward to developing more innovative and tailored solutions that will reduce the digital gap in Africa, starting from 2019,” said Sébastien Codeville (photo), CEO of KaiOS Technologies.
The company already took a first step in this direction last May when it launched the Smartphone Sanza in partnership with Orange. The phone integrates voice recognition, long battery life and popular applications, and is sold in Cameroon, Côte d'Ivoire, Burkina Faso and Mali for $20 (11,642 FCfa).
In addition to the lack of telecom facilities, the high cost of quality telephones is also one of the main obstacles to Internet access on the continent. Alioune Ndiaye, CEO of Orange Middle East & Africa, said the group's investment in KaiOS Technologies will help the company develop more low-cost, high-performance mobile devices.
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Portuguese glass-packaging group BA Glass seeks approval to acquire a 41.28% controlling stake in Tunisia’s Sotuver. The transaction values the block...
Shareholders rejected a A$170 million equity placementinvolving Afriland Bourse & Investissement and Eagle Eye Asset Holdings. Canyon Resources...
Proparco commits $15 millionto the African Transition Acceleration Fund (ATAF), a vehicle targeting early-stage climate infrastructure in...
Shell identified gas shows in the Sirius-1X exploration well drilled offshore Egypt in the Mediterranean. The well lies in the North East El‑Ameriya...
Actress Wunmi Mosakuand director Kaouther Ben Haniarepresent Africa among contenders at the 2026 Oscars. Mosaku received a nomination for Best...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...