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
Sonatel Q1 revenue rises 6.9% to 504.2 billion CFA francs EBITDA up 9.8%, net profit increases 4.5% Growth driven by data demand, Orange Money,...
HONOR plans to expand smartphone production at Egypt factory Plant targets three million units annually, 1,000 jobs Move aims to boost exports,...
New national platform offers courses and exercises from preschool to secondary Initiative aims to ensure learning continuity and modernize...
Algeria launched its first AI and cybersecurity start-up cluster to accelerate digital job creation. More than 7,800 start-ups are registered,...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...

Mahindra & Mahindra Eyes Major Shift to Full Vehicle Assembly in South Africa
03

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
04

AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...

AFC Backs First Green Project Finance Bond for 66MW Côte d’Ivoire Solar Plant
05

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
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.