Get updated by following our social media accounts and supporting our ever-growing Youtube Channel.
The government of Djibouti, a country located in the Horn of Africa has announced plans to sell a minority stake in its incumbent telecommunications operator, Djibouti Telecom to a leading strategic partner. A bill was published during the weekend, allowing sales of stakes in public enterprises. The government of Djibouti said: “The opening of Djibouti Telecom’s share capital is a strong and additional sign of the government’s determination to implement a proactive policy to modernize the country’s economy, increase global competitiveness, and optimize the governance and management of state-owned enterprises. The investment will be overseen by a new Multisectoral Regulatory authority of Djibouti, which is being led by Abd Ilmi Achkir, appointed director-general at the weekend.
According to TeleGeography’s submarine cable map, nine cables land, or will land in Djibouti City, the capital, and a further three in Haramous, a nearby village. Djibouti is also the terminus of a new 754km railway line from Addis Ababa, its Southwest neighbour.
Djibouti presently hosts landing infrastructure for twelve high-capacity undersea cables. The government is implementing the roll-out of a 4G network and will allow investors the opportunity to expand into mobile money and data centers.
Get updated by following our social media accounts and supporting our ever-growing Youtube Channel.