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.
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
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...
by Sophie Kafuti, General Manager for Visa in the DRC For years, efforts to modernize payments in the Democratic Republic of the Congo have focused...
Novo Nordisk cuts Wegovy prices in South Africa amid competition Move targets rival Eli Lilly in growing obesity drug market High obesity...
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...