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.”
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
Côte d’Ivoire to complete Abidjan Y4 ring road by December 2025 Project aims to ease congestion with 55 km bypass around city center Funded by AfDB...
Salpha Energy's Calabar facility builds 300,000 units annually for national distribution Sector still relies on imports, with solar under 1% of 2023...
Chilwa Minerals plans $10M Nasdaq raise to fund Malawi critical minerals project U.S. listing via ADR aims to boost investor access and project...
Egypt installs reactor vessel for Unit 1 of El-Dabaa nuclear power plant Putin and al-Sisi hail milestone as key step in project completion El-Dabaa...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...