Telecom

Egyptian Benya Capital ready to build an optical fiber network in DR Congo

Egyptian Benya Capital ready to build an optical fiber network in DR Congo
Monday, 28 June 2021 17:16

The Egyptian company Benya Capital can start building optical fiber throughout the territory of the Democratic Republic of Congo. The agreement was signed last June 23 in Cairo, Egypt, by the company and Société Congolaise des Postes et Télécommunications (SCPT) - the incumbent operator and manager of the national telecoms infrastructure. This was on the sidelines of the Forum for African Heads of Investment Commissions. According to the deal, 16,000 km of optical fiber is to be deployed across the Congolese territory.

"This is a great opportunity not only for the Congolese people who will benefit from connectivity to the remotest corners of the Republic, but also for the economic sector, banks, universities, administration and tax services ... the development of a country passes inevitably by the transformation of its infrastructure in fiber optics, and SCPT is fully committed to building the largest African network in the country, " said Didier Musete, CEO of SCPT.

The launch of Benya Capital’s work is the materialization of the will of the DRC president, Felix Tshisekedi, to make the digital sector a pillar of national development. During his visit to Cairo on February 1 and 2, 2020, he facilitated the outcome of negotiations initiated for several months between the two parties and signed a memorandum of understanding including the technical, financial, and social aspects of the project.

During the Council of Ministers of October 16, 2020, Felix Tshisekedi identified the cause of the country's digital backwardness to be the lack of systematic investment policy in telecom infrastructure. Through the high-speed network under construction, the Head of State hopes to improve the coverage of the national territory in high-speed connectivity, reduce the digital divide and strengthen the technical means essential to the country for its digital transformation.

Muriel Edjo

On the same topic
Ghana aims to reach 70% 5G population coverage by March 2027, though the service is not yet commercially available. The government has shifted from...
Africa internet penetration at 36%; 900 million offline Community satellite Wi-Fi expands access in rural areas Shared networks cut data costs...
Axian secures digital finance license in Comoros New entity to offer mobile nano, micro-loans Banking rate 39%; inclusion seen reaching 75% by...
Pupils to receive unique school identification numbers Program aims to modernize education data management Guinea’s Ministry of National Education...
Most Read
01

ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...

ECOWAS Eco Currency May Launch Without WAEMU in 2027 Push
02

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
03

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
04

Siguiri mine produced 289,000 ounces in 2025, up 6% Fourth-quarter output rose 15%, boosting annu...

Guinea's Largest Gold Mine Records 6% Output Rise in 2025
05

Naira strengthens to 1,348 per dollar, boosting assets Lagos market gains 25,000 billion naira in...

Stronger Naira, Stock Rally Add Billions to Nigeria’s Wealthiest
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.