Telecom

Zamani Com S.A.S invests CFA31bln to upgrade Orange Niger’s telecom infrastructure

Zamani Com S.A.S invests CFA31bln to upgrade Orange Niger’s telecom infrastructure
Monday, 31 August 2020 18:14

Zamani Com S.A.S., which acquired a 100% stake in Orange Niger last November, announced an investment of CFA31 billion for a vast operation to modernize the mobile operator's telecom network.

With these funds, raised from the local branch of Coris Bank International (CBI), the telecom company, which acquired the 4G license in April 2020, plans to deploy the technology throughout the country and launch 4G+. According to Souleymane Diallo, CEO of Orange Niger, the financing obtained from CBI Niger “demonstrates once again the solidity of our recovery plan put in place since the acquisition of Orange Niger by Zamani Com S.A.S. in November 2019, and which is already reflected by significant growth in all our indicators.”

Our objective is clear: we want to be the main digital operator in Niger, and that means upgrading our network with the latest technologies. We are now going to work on modernizing the network over the next three months, before rebranding and launching our new brand,” he said.

For Rakiatou Idé Issaka, Managing Director of CBI Niger, “this strategic partnership with our bank, Coris Bank International, will enable us to strengthen the relationship of trust and consolidate the local commercial dynamics. Our ambitions for Niger are strong and they cover in the short and medium-term the extension of the distribution network, the commitment to the digital transformation of processes, products and services, the launch of the Islamic branch, the subsidiarization and ISO 9001 version 2015 certification of the quality management system.

On the same topic
Dakar and Baku sign two agreements on digital transformation Cooperation targets cybersecurity, skills, startups, and e-government Partnership...
NALA has secured PSP and PSO licenses from the Bank of Uganda, adding to its 2024 Money Remittance license. Backed by $40M in Series A...
Nice Deer has partnered with Telecom Egypt to manage healthcare services for over 28,000 employees via its digital insurance platform. The announcement...
Ghana plans to introduce a fully online visa application system in early 2026 The reform aims to speed up processing and simplify entry...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
04

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
05

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.