Cape Verde and Guinea will soon be linked by a submarine optical fiber baptized "Cap Amílcar Cabral". An agreement was inked in that regard on October 23, 2018, by the manager of Guinéenne de large bande (Guilab), the Guinean telecom infrastructures and Cabo Verde Telecom, Cape Verde's incumbent telecom operator.
The collaboration materialized at Praia by Mohamed Diallo and José Luís Livramento respectively managing director of Guilab and president of the administrative board of Cabo Verde Telecom and falls within the framework of a regional integration strategy via the telecommunications sector.
The cost for this project estimated at about $44 million will be supported by Guilab, Cabo Verde Telecom and the various parties that will join the partnership. "We will partner will some parties interested in joining the projects such as Sierra Leone, Mauritania and other neighboring countries of the West African coast”, José Luís Livramento said. Mohamed Diallo added that the partnership was aimed at securing the Guinean International traffic and the choice of Cape Verde to concretize this ambition was due to its geographical position.
Let’s note that before the agreement was signed, each party had conducted feasibility studies. For Cape Verde, this study was conducted by the former Agence nationale de la communication (ANAC) and for Guinea, it was conducted by Guilab.
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...
Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
Nigeria considers increasing 75 MW electricity exports to Togo Talks focus on meeting rising demand and recent supply disruptions Expansion depends on...
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for intra-African trade businesses Initiative aims...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...