Liquid Telecom is nothing if not ambitious. Identifying an opportunity to be the primary terrestrial link between Egypt (and, by extension, the Middle East) and the rest of Africa, Liquid Telecom has committed, as part of a partnership with Telecom Egypt, to invest $400 million in network infrastructure, data center facilities and supporting systems in Egypt during the next three years.
The two operators sealed a partnership agreement over the weekend, with Ahmed El Beheiry, Managing Director and CEO of Telecom Egypt (below on the right), and Strive Masiyiwa, Group Executive Chairman of Liquid Telecom's parent company Econet (on the left), putting pen to paper.
Telecom Egypt plans to use the network built by Liquid Telecom to help connect Egyptian businesses to the rest of Africa: The two operators will also team up to build data centers in Egypt. Liquid says it has already invested $50 million in data center and cloud services infrastructure and that it will "invest an additional $350m in broadband and financial inclusion initiatives, as well as high capacity data centres."
According to Masiyiwa, the next mission is to complete a link between Cairo and Dakar, the capital of Senegal, through Sudan, Chad, and Nigeria, as well as the rest of West Africa. “We have already crossed Africa from East to West through Sudan and Chad. We are at the Nigerian border and we expect to reach Abuja by the end of January," he noted.
— Ray Le Maistre, Editor-in-Chief, Light Reading for Connecting Africa.
This year did not begin the way most people expected it to, so what does the future of the telecoms sector look like in Africa in 2020? In this Connecting Africa online event, local analysts and industry stakeholders will discuss what African operators’ priorities for the year should be and the most significant market trends expected to dominate in 2020.
Will MNOs focus on sweating their current assets rather than investing in new technologies like 5G?
What impact will COVID-19 have on the continent’s networks?
What are the hot market trends in Africa when it comes to voice, data and mobile financial services?
The majority of 5G in Africa is still in the testing stage. However, as operators prepare their networks for the technology jump, what strategies are they deploying to ensure they gain the full value that 5G can offer Africa? This digital symposium will give you an insight into the opportunities and challenges facing Africa’s 5G rollout, with some country specific case studies unpacked.
How 5G-ready is African enterprise?
Is 5G a priority for in Africa, should it be? Or can operators and businesses focus on growing their 3G and 4G networks for enterprise instead?
What are the most significant enterprise business applications for 5G deployment on the continent, and where can 5G facilitate IoT applications?
Africa was the birthplace of Mobile Money and while it continues to rise in popularity, the industry is quickly evolving and launching more mobile-based financial services every day. In this Connecting Africa online event, local analysts and industry stakeholders will discuss how telcos are disrupting the financial services space and what the rise of Mobile Money 2.0 will look like for Africa.
From cash to mobile: heading towards a cashless society
Expanding MFS offerings beyond mobile money transfers
MNOs vs banks vs fintechs: an evolving competitive landscape
Unconnected and unbanked: fintech to improve financial inclusion
The rise of micro-loans and insurance through mobile platforms
Africa has the fastest growing population in the world and also the youngest, with 60% of Africans under the age of 25. It is clear that the next billion connected are going to be the mobile-only generation. This digital symposium will bring industry experts together to discuss Africa’s digital divide and how to get devices into the hands of young Africans and empower them to join the digital revolution.
Who’s Driving? The role of government & regulator, private tech companies, and public-private partnerships
Device affordability: are we reaching a tipping point?
Status check: Satellite vs Fiber and the enduring infrastructure gap
Exploring the wider societal and economic benefits of a connected, digitally literate continent