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.
The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...
Ethiopia agreed in principle with investors holding over 45% of its $1 billion eurobond due 2...
Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...
Flutterwave acquired Nigerian open banking startup Mono in an all-share deal valued between $...
Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...
2026 budget introduces a 25%–35% cut in the annual forestry fee Incentive targets certified operators to curb illegal logging Past underreporting cost...
Guizhou Tyre plans a nearly $300 million tire plant in northern Morocco The factory will produce 6 million passenger vehicle tires per year The...
Fidelity Bank raised 259 billion naira, lifting eligible capital above CBN requirements First Bank of Nigeria also confirmed compliance after multiple...
EBRD approved a senior loan of up to 350 million Egyptian pounds ($7.4 million) for Ridgewood for Water Desalination. The project will add...
The Sundance Institute selected three African films from more than 16,000 submissions across 164 countries. The 2026 festival will run from January 22...
Organizers opened submissions for the sixth Annaba Mediterranean Film Festival from Jan. 8 to Feb. 28, 2026. The festival accepts feature films, short...