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
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime ag...
ECOWAS, Energy China discuss regional power infrastructure cooperation Talks cover $36.3...
Ci Gaba VC Limited secures $34.9 million in its first close, targeting a final $90 million (1 billion GHS). The fund-of-funds invests in...
Facilities aim to cut delivery times, reduce import dependence Expansion supports growing demand for off-grid energy solutions Solar kits for...
Panic buying over fuel shortages drives long queues and temporary stockouts at Kinshasa gas stations. Authorities affirm stable fuel supply and...
PIDG invests €4.3 million in Afreenergy Solar to expand commercial and industrial solar solutions in Senegal. The project targets 30 MW of...
Top 50 ranking highlights women across core tourism service segments Tourism contributes $168 billion to GDP and supports over 24 million...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...