Telecom

Benin and China ink US$40 mln loan agreement for supplemental backbone project

Benin and China ink US$40 mln loan agreement for supplemental backbone project
Wednesday, 15 September 2021 16:12

Yesterday September 14, 2021, Benin and China signed close to US$40 million concessional loan agreement for the implementation of the broadband internet project PDRHD. The deal was signed by Minister of Foreign Affairs Aurélien Agbénonci, representing Benin (the beneficiary), and Peng Jingtao, Chinese ambassador to Benin.

According to minister Aurélien Agbénonci, the funds thus provided will help install over 484.1 kilometers of fiber optics in four departments: Mono, Zou, Collines, and the North.

They will also help build a 204.8-kilometer metropolitan broadband network covering ten urban areas, including Route des pêches, the 40-km trunk road connecting economic capital Cotonou to the historical city Ouidah.

"The project will also help connect lake zones to the national fiber optics backbone thanks to the beam technology to allow everyone access to digital technologies in Benin," the official commented.

PDRH is a supplemental project to PDI2T launched by the government in 2016 in the telecom and IT sector. There is no current statistic about the PDI2T but as of April 2018, two months before its projected deadline, it was already 83% completed with 67 out of the 77 municipalities targeted connected to the national backbone.  

On the same topic
Camtel secured $80.3 million (44.884 billion FCFA) in syndicated financing from Commercial Bank Cameroon to fund the first phase of its Mobile...
BEN–Valio partner for an exclusive AI licensing deal in Africa to deliver sovereignty-aligned, compliant AI solutions. Initiatives like AfricAI...
Corr-Serve became the sole distributor of Seceon’s AI-driven cybersecurity solutions in Southern Africa, with South Africa as the rollout hub for...
Deloitte expects ransomware and phishing attacks to intensify in Nigeria in 2026 as services and data move online. Nigeria ranked third in Africa...
Most Read
01

Togolese banks provided 16.2% of WAEMU cross-border credit by September 2025 Regional cross...

Togo accounts for 16.2% of cross-border bank financing in WAEMU
02

Microfinance deposits in Togo increased by CFA11.9 billion, a 2.7% rise in the second quarter of 2...

Microfinance: Deposits in Togo Rise 2.7% in Second Quarter of 2025
03

The BoxCommerce–Mastercard Partnership introduces prepaid cards, giving SMEs instant access to e...

South Africa’s BoxCommerce Partners with Mastercard on SME Fintech Solution
04

Nigeria licensed Amazon’s Project Kuiper to operate satellite services from 2026, setting up dir...

Amazon and Starlink Set Up Satellite Internet Rivalry in Africa
05

Gas-fired plants and renewables anchor Mauritania’s electricity expansion plan New thermal, solar...

Mauritania shapes power supply growth around gas and renewables
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.