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CAIRO, (Reuters) – Telecom Egypt has signed a memorandum of understanding with Liquid Telecom to allow the pan-African group to complete Africa's terrestrial fiber optic network across the African continent, Saturday announced companies. , a subsidiary of Econet Wireless Global, has built a fiber network across southern Africa spanning Botswana, the Democratic Republic of Congo, Lesotho, South Africa, Zambia and South Africa. Zimbabwe. It is also present in Rwanda, Kenya and Uganda.
"Liquid Telecom will connect its Sudan network to Telecom Egypt's network via a new cross-border interconnection – bringing together a 60,000 km network that leaves Cape Town, through the two companies said in a statement.
Have not provided a schedule for the completion of the network or any estimate of "Completing our vision of building a unique network on earth, Cape Town to Cairo is a historic moment for the future." business and for a more connected Africa, "Strive Masiyiwa, founder and executive chairman of Econet, In his statement,
" Complete our vision of building a unique network on earth, from Cape Town to Cairo is a historic moment for the company and for a more connected Africa.This network represents not only a remarkable technical performance that has overcome some of the most difficult distances and terrain of the continent, but Also holds the rise of digital economies in Africa, "said Strive Masiyiwa, founder and executive chairman of Econet. ] 
Mr. Masiyiwa also commented that: "Wherever the One Africa network has been completed, we have seen a dramatic increase in data traffic between the connected countries.We expect to see a lot of traffic between Egypt and the United States. Remainder of Africa.Where there is improved communications, trade enhancement is also following.In the framework of the strategic partnership, Liquid Telecom and Telecom Egypt will share their network infrastructure and will explore. other areas of collaboration, including joint network services, a peering agreement and a voice interconnection agreement.
Telecom Egypt, which has been serving Egyptian customers for over 160 years, will provide Liquid Telecom with a range of Unparalleled through interconnection services, while Egypt Telecom's customers will benefit from access to the pan-African fiber network of Liquid Telecom. is an important milestone in s our strategy to penetrate the African market and to make available to our customers across Africa the most advanced global technology and infrastructure services of Telecom Egypt. We look forward to working alongside Liquid Telecom to develop new services and networking products that will help boost intra-regional trade, "said Ahmed El Beheiry, chief executive and chief executive officer of Telecom Egypt
. 2018 Annual Meetings of the African Export -Import Bank (Afreximbank), which is the main pan-African multilateral financial institution dedicated to the financing and promotion of intra- and extra-African trade, is being held this week from July 11 to 14 in Abuja, in Nigeria, bringing together banking professionals, trade and trade finance practitioners, and other parties involved in the economic development of Africa and beyond.
"The deployment of infrastructure, especially high-speed networks, is crucial for boosting intra-regional trade. . The Cape to Cairo network sets a new standard for Africa and will open up new business opportunities in the region. Congratulations to Telecom Egypt and Liquid Telecom for concluding an agreement to complete the Cape to Cairo network, "said Dr. Benedict Oramah, President of Afreximbank.
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