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Home » With £1billion MEA Investment Fund, Orange Targets Nigeria | Pantami Receives Team

With £1billion MEA Investment Fund, Orange Targets Nigeria | Pantami Receives Team

Peter Oluka by Peter Oluka
July 20, 2022
in Telecoms
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Nigeria is potentially the next destination for Orange, France’s largest telecom operator, as part of it £1billion Middle East and Africa (MEA) Investment drive.

Building on the fact that Nigeria has the largest Digital Economy in Africa and a National Digital Economy, Policy and Strategy that is consolidating the growth of the Digital Economy Sector; a delegation from Orange Group, (the Middle East and Africa) paid a courtesy visit to the Communications and Digital Economy Complex, Abuja.

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Orange - Pantami
Pantami presiding over the meeting

The Orange team was in Abuja to officially inform Professor Isa Pantami, the Minister of Communications and Digital Economy, of Orange’s decision to invest in the Nigerian Market. The team was led by Board Member of Orange group, Mrs Victoria Adefala.

Other members of the delegation included; Mrs Aminata Kana Ndiaye, CEO Orange Sierra Leone, Mr Alban Lo Gatto, General Counsel and Mr Jean Francois Thomas, Chief Strategy Officer

TechEconomy’s report of June 16 2020, Stéphane Richard, Chairman and CEO of Orange in company of other officials inaugurated Orange Middle East and Africa (Orange MEA) operational head office in Morocco as part of the African expansion plan.

“Orange is one of the rare international groups to have made the strategic choice, 20 years ago, to seek to develop in Africa and the Middle East. We have always been convinced of the immense potential of this region. In many ways, it can be seen as a model for digital transformation; mobile money is a great example of this. One of the key success factors behind new services is to develop them in Africa so that they are adapted to specific local requirements and so meet the needs of our customers. That is why we have decided to organise the management of our business in Africa and the Middle East from within the region directly from the African continent,” Richard said at that event.

Nigeria and South Africa are reportedly the key targets for the Company which has already established five Digital Centers in Africa and Middle East.

Industry watchers believe that Orange team’s visit to Prof Pantami is connected to Orange’s deployment of brand-new fibre backbone network in West Africa, comprising both terrestrial and subsea infrastructure to dramatically boost connectivity in the region.

See:

https://twitter.com/OrangeIC/status/1273243717982285829

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Peter Oluka

Peter Oluka

Peter Oluka is the Editor, TechEconomy. Email: Peter.Oluka@TechEconomy.NG

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