Telecom

Kenya to invest $59 mln to connect to the DARE fiber optics system

Kenya to invest $59 mln to connect to the DARE fiber optics system
Tuesday, 28 May 2019 21:02

Kenya plans to invest $59 million to increase its data capabilities. This fund will be used to deploy an extension of the Djibouti Africa Regional Express (DARE).

The submarine sensor required to determine the path of this cable has already been completed and the construction contract has been awarded. Currently, Djibouti has to set a scheme for the sharing of revenues generated by this cable.

According to Robert Mugo, director of shared services at the Kenya communications authority, these new investments show the government’s ambition to boost Kenya’s position as a regional IT center. It is also aimed at guaranteeing companies and individuals’ access to faster, secure and reliable internet connection.  

According to Kenya’s digital master plan launched by President Uhuru Kenyatta during the 2019 Transform Africa Summit, revenues generated by the digital economy should reach $23,000 billion by 2025, thanks to investments 6.7 times higher than those in other sectors.  

Kenya’s connection to the DARE will be the fifth to a regional submarine fiber optics system.  It is already connected to the SEACOM, East African Marine System (TEAMS), Eastern African Submarine Cable System (EASsy) and Lion2 systems.

On the same topic
Yango pledges compliance with Namibia’s tighter e-hailing regulations Company to ensure drivers obtain permits, strengthen verification...
M-Pesa Ethiopia partners Amhara to enable digital tax payments Safaricom expands services aligning with national digital strategy Platform...
Authorities plan to ban pre-registered SIM card sales and launch a subscriber re-identification campaign. Measures respond to a surge in...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...

Namibia and Russia Expand Economic Cooperation Across Key Sectors
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...

Cameroon Signs $1.5 Billion Waste-to-Energy MoUs Amid Urban Sanitation Strain
05

Four years after Russia’s 2022 invasion of Ukraine, the fertilizer market is facing a new shock as m...

Hormuz Tensions Rattle Fertilizer Markets, Adding Pressure to Global Food Supply
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.