Mobile operator Hormuud Telecom plans to increase its 4G telecom coverage to 100% by 2023. Ahmed Mohamud Yuusuf, the company's chief executive officer, announced the program last July 8.
According to the manager, the company's ambition is to further improve people's access to broadband, which offers more opportunities than the 2G that many Somalis are still connected to. "Increasing access to 4G internet is essential for Somalia to achieve its goal of becoming a cashless economy [...] Access to broadband data is now a human right. It is a fundamental requirement for developing countries to provide vital services such as international aid and remittances, as well as to support day-to-day business activity." The expansion of the 4G network will be more concentrated in rural areas.
In 2019, the Government of Somalia, through its Ministry of Posts, Telecommunications and Technology, adopted a national ICT strategy to make connectivity the bedrock for social and economic development and a pillar for public efficiency. On 27 March this year, when it was awarded the country's first mobile money license, Hormuud Telecom, which claims to be a pioneer of innovation in the Somali telecoms market, pledged to support the government in its digital ambitions for the country.
With a national 4G coverage, Hormuud Telecom is not only targeting better access to the digital world for Somali populations but also reserves a larger subscriber base that will generate new financial revenues in a market it competes with Golis Telecom, Telesom, SomNet, Somtel, SomLink, and Nationlink.
Muriel Edjo
Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...
Francophone Sub-Saharan Africa hosts 860+ startups but faces deep structural weaknesses EY urges...
Kossi Ténou succeeds Badanam Patoki as president of the AMF-UMOA. Ténou brings over 20 years of e...
This week in African health news: Global measles cases have dropped nearly 80 percent since 2000, bu...
Maersk will resume transit through the Suez Canal from December 2025 after a two-year diversion. ...
Africa holds 3% of global solar PV jobs but posts fastest 23% growth Utility-scale and off-grid solar drive new roles in installation, sales and...
Cameroon leads global sawn Sapelli and Iroko exports, earning CFA122.2 billion in 2024 Cocoa and rubber exports surge, reinforcing raw-material...
DRC nears deal for Equity BCDC to fund 1,000 Transco buses via digital ticketing Revenue from each ticket will secure loan repayment through a...
Cameroon raises Sonara refinery rehab estimate to 300 billion CFA after new study Lenders, including BEAC’s Window B facility, signal interest in...
Mauritius recorded a 56% increase in UK Google searches for “Christmas in Mauritius” over the past three months. The island ranked fourth overall...
Niokolo-Koba National Park, designated both a Biosphere Reserve and a UNESCO World Heritage Site, is one of the ecological treasures of Senegal and all of...