Share

ICoast eyes better online access with satellite broadband

Abu Dhabi's Yahsat on Monday launched its satellite broadband service in Ivory Coast in a bid to boost internet access in this west African nation where only 27% of the population is online.

Named YahClick, the service offers broadband internet connectivity to businesses, government agencies and remote areas of the country.

"This broadband satellite service promises to improve telecommunication capacities across the country which until now have been very weak," Yahsat's Africa manager Yannick Kashila told AFP.

In Ivory Coast, the leading economy in French-speaking West Africa, internet penetration remains stagnant at only 27%. In rural areas, only 2.0% of homes have access, compared with 16% in urban areas.

"Today in 2018, having good internet connectivity has a direct influence on the economic development of a developing nation," said Morris Michael Kofi, head of Cee-Net Technologies, which supplies internet technologies and is partnering with Yahsat.

"A 10% increase of broadband connectivity can have a positive impact equating to around 1.4% of GDP in a developing country," he told AFP.

Mobile telephony currently accounts for around 8.0% of Ivory Coast's GDP and the sector is one of the country's biggest employers.

The daily volume of financial transactions conducted over mobile networks - payments or money transfers - in Ivory Coast equates to some 15 billion CFA francs ($29 000 000)

There are three operators dominating the mobile market in Ivory Coast: France Telecom's Orange, South Africa's MTN and the Ivorian-Saudi group Moov.

YahSat, which is based in the United Arab Emirates, is a satellite operator targeting markets in the Middle East, Africa, central and southwest Asia and Europe. It is owned by the Emirati investment fund Mubadala.

* Sign up to News24's top Africa news in your inbox: SUBSCRIBE TO THE HELLO AFRICA NEWSLETTER

FOLLOW News24 Africa on Twitter and Facebook

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Voting Booth
Do you think corruption-accused National Assembly Speaker Nosiviwe Mapisa-Nqakula will survive a motion of no confidence against her?
Please select an option Oops! Something went wrong, please try again later.
Results
No, her days are numbered
41% - 425 votes
Yes, the ANC caucus will protect her
59% - 601 votes
Vote
Rand - Dollar
18.92
+0.1%
Rand - Pound
23.88
+0.1%
Rand - Euro
20.39
+0.2%
Rand - Aus dollar
12.32
+0.1%
Rand - Yen
0.13
+0.0%
Platinum
908.05
+1.2%
Palladium
1,014.94
+1.3%
Gold
2,232.75
-0.0%
Silver
24.95
-0.1%
Brent Crude
87.00
+1.8%
Top 40
68,346
0.0%
All Share
74,536
0.0%
Resource 10
57,251
0.0%
Industrial 25
103,936
0.0%
Financial 15
16,502
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE