On December 26, 2018, Ahmed Zidane, the deputy spokesperson of Egypt’s communication and IT committee, revealed that by 2020, the government would replace 95% of its copper telecom network, which is now 60% replaced, with fibre optics cable.
By modernising its internet network, Egypt wants to improve its broadband internet penetration rate that was 43.3% in 2015.
In 2019, the government plans to reach 53.5 % ; the aim being to greatly improve the population’s access to internet. For Egypt, that is making the internet a driver for future growth, improving the population’s internet access is a pre-requisite for the emergence of a digital economy.
To meet its goal, which is to cover the whole country with optical fibre and at a minimal cost, Egypt will benefit from the expertise of the optical fibre cable manufacturing plant inaugurated by the authorities in March 2018.
Installed in the industrial town of Badr, in the northeast, this $30 million investment is the result of a partnership between the Egyptian HitekNofal Solutions and the Chinese Hengtong Group.
WAEMU economy to grow 6.5% in Q3 2025, BCEAO says Growth driven by agriculture, extractives,...
Coca-Cola Beverages South Africa (CCBSA) is considering cutting over 600 jobs. This represent...
• Safaricom’s M-PESA Fintech 2.0 upgrade lifts capacity to 6,000 transactions per second, scalable t...
• Safaricom launches "Fintech 2.0" upgrade for M-Pesa platform• Boosts capacity, adds AI fraud tools...
M-KOPA sold 1.3M smartphones in 2025, reaching 6.4M devices sold since 2020. 42% of buyers got th...
• Namibia’s Kameelburg rare earth deposit revised to 520M tons TREO• Multiple projects attract Japan, EU as demand shifts from China• Sector still faces...
• U.S. lifts visa restrictions, grants Ghanaians five-year multiple-entry visas• Move follows Ghana’s agreement to host U.S.-deported West Africans• Step...
• Global seaborne trade growth to slow to 0.5% in 2025• Suez Canal traffic down 70%, rerouting raises freight costs• UN urges Africa to boost port...
• BW Energy eyes stake in Angola’s offshore Block 14/14K• Move aligns with strategy to expand proven offshore assets• Angola offers tax incentives to help...
• JICA cancels Africa exchange program after viral immigration rumors• Misreport claimed Japan would grant visas to Nigerians in Kisarazu• Elon Musk’s...
The first Africa Xchange Summit will be held on October 15–16 in Cologne to link African and European creative industries. Nigeria’s Nollywood...