Telecom

KaiOS Tehnologies secures Orange’s support in raising $50 mln to improve Internet access in Africa

KaiOS Tehnologies secures Orange’s support in raising $50 mln to improve Internet access in Africa
Tuesday, 25 June 2019 16:50

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.

On the same topic
37 companies express interest in satellite-based internet program Initiative aims to extend connectivity to remote and underserved...
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband access and reduce digital gaps Opens potential...
Government moves to counter surge in AI-enabled cyber fraud Mobile money fraud exceeds $30 million annually as attacks rise New...
Ethio Telecom, Mastercard discuss expanding cross-border payments partnership Collaboration targets remittances, fintech integration, multi-currency...
Most Read
01

EBID aims to allocate nearly 41% of its commitments to environmentally and socially impactful projec...

EBID Charts Green Shift to Finance West Africa’s Growth
02

Flutterwave secures Nigerian banking license to offer credit and savings License enables direct d...

Flutterwave Secures Banking License in Nigeria, Joining Push by Fintechs Like Revolut, Wise
03

BCEAO mandates all financial institutions to complete integration Move aims to ensure seamless, i...

BCEAO Imposes June 30 Deadline to Complete Instant Payments Integration
04

M-PESA evolves into major financial platform with 35 million users Telecoms, fintechs expan...

In Africa, Banks Face a New Rival: Telecom Operators
05

This week, Africa’s health outlook is shaped by mounting supply chain risks tied to global tensions,...

Weekly Health Update | Africa Faces Health Supply Risks; DRC Ends Mpox Emergency
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.