Telecom

Burkina Faso kicks off construction of first laptop and phone assembly factory

Burkina Faso kicks off construction of first laptop and phone assembly factory
Friday, 28 May 2021 18:13

Burkina Faso is pursuing its digital inclusion with new projects. Under this plan, the Burkinabe company Horizon Industries SA has partnered with Chinese HAIER to produce low-cost devices locally.

Last May 25, the country kicked off the construction of its first computer and mobile phone assembly plant. Works were officially launched by the Minister of Industry, Trade and Handicrafts, Harouna Kaboré in Ouagadougou, in the industrial zone of Kossodo, in the presence of Alkassoum Maïga and Hadja Ouattara/Sanon, respectively the Minister of Higher Education and Minister of Digital Economy, Posts and Digital Transformation.

Harouna Kaboré said this factory project - an initiative of the Burkinabe company Horizon Industries SA, in partnership with Chinese HAIER - is in line with the government’s industrialization policy. It reflects "the ambition of the Head of State in terms of creating businesses and jobs, but also and above all his desire to establish the digital sector as a key to the economic and social development of Burkina Faso," he added, stressing that the factory will participate in the structural transformation of the national economy.

For the Minister of Digital Economy, this assembly unit is "a structuring project that will strengthen the digital transformation in our country by providing access to computers and other electronic devices affordable to Burkinabe citizens. Beyond assembly, this factory will also serve as a learning and innovation space.

Out of 141 countries ranked by Cisco in its 2019 Digital Readiness Index, Burkina Faso ranks 131st. In the "Network Readiness Index 2020: Accelerating Digital Transformation in a post-COVID Global Economy," the country is 125th out of 134.

To make the assembly plant project a reality, Horizon Industries SA has mobilized an investment of CFA7.5 billion ($13.9 million) from a pool of financial partners including the Agricultural Bank of Faso, the Commercial Bank of Burkina, the BSIC and the African Solidarity Fund. Inoussa Sawadogo, CEO of Horizon Industries SA, said : "our ambition is to cover the sub-region, to adapt our computers to local realities. The factory will have an average daily production of 200 computers and phones.”

Muriel Edjo

On the same topic
Gabon parliament launches GTLAN platform and redesigned institutional website System digitizes legislative process, improving speed,...
DRC plans new submarine, regional links to boost connectivity Country relies on two cables amid outages, limited redundancy Expansion aims to cut...
China launches AI contest targeting African innovators and students Initiative aims to identify high-impact solutions across key...
Campus to train youth in coding, data, and artificial intelligence Backed by Axian Group, France, and the European Union Project supports Togo’s...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Standard Chartered arranges $2.33 billion for Tanzania railway project Funding support...

Tanzania Secures $2.33 Billion in Syndicated Financing for Standard Gauge Railway
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From WHO-led efforts to strengthen pandemic preparedness to measles vaccination drives in Uganda, al...

Weekly Health Update | Africa Steps Up Pandemic Preparedness as Health Sovereignty Takes Center Stage
05

Jetour to produce T1, T2 SUVs in South Africa from 2027 Chery to acquire Rosslyn plant, cre...

Chinese Automaker Jetour to assemble SUVs in South Africa from 2027
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.