Niger secures FCFA15 billion loan to build the fiber optic backbone
Monday, 29 May 2017 13:53
The government of Niger has ratified during a council of ministers held last Wednesday, a loan agreement worth more than 19 million units of account, or about 15 billion CFA franc for the trans-Saharan fiber optic backbone project.
The agreement was signed on April 6, 2017 in Abidjan between Niger and the African Development Fund (ADF).
Regarding the trans-Saharan project, which includes the construction of a road, it aims to be built to interconnect Algeria, Niger, Nigeria, Mali and Chad. This in a bid to diversify the economy by stimulating the emergence of a digital economy.
It will also boost access to low-cost telecom services for populations, administrations and businesses.
Live News
-
What if collective will and coordinated action are all it takes to protect cocoa farmers’ health from pesticides? (Opinion)
16:55
-
Togo Raises 27.5 Bln CFA Francs in Second 2026 Debt Sale, Bids Hit 134.5 Bln
16:45
-
Togo: Drinking water access hits 72% as rural coverage expands
16:38
-
Togo, Colombia sign MoU to deepen ties, advance diplomatic training
16:23
-
Togo, Russia Eye Partnerships in Food, Mining and Energy Sectors
16:13
-
Côte d’Ivoire, Burkina Faso step up research cooperation
15:48
-
Namibia tightens ride-hailing rules, Yango pledges compliance
15:36
-
Nigeria attracts $2.6 bln in mining FDI in past 2-1/2 years after reforms
15:28
-
Cameroon Plans Tourism Sector Inspections to Strengthen Anti-Money Laundering Compliance
14:03
-
Energy minister calls for power sector overhaul as NHPC arrears near XAF70 bln
13:02
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
By Nanga Koné, Country Director Rainforest Alliance Côte d’Ivoire One fact is hard to ignore : Over time, the widespread and often poorly...
Côte d’Ivoire, Burkina Faso boost joint research, innovation cooperation Workshop trains researchers on management, commercialization,...
Nigeria attracts $2.6 billion mining FDI after sector reforms Government targets industrialisation, lithium processing and $1.3...
Equatorial Guinea prepares offshore oil licensing round Reprocessed seismic data to attract investors, improve subsurface insights Move aims...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...