14 July 2025

The African Continental Free Trade Area (AfCFTA) Adjustment Fund has approved a $10 million loan to Telecel Global Services, to support the continent’s digital and trade integration efforts. This loan marks the fund's inaugural transaction.

Structured as a senior secured amortizing loan, this financing aims to bolster Telecel’s expansion in Ghana and Liberia, enhance infrastructure, and help bridge Africa’s digital divide by increasing connectivity and digital inclusion. The initiative is expected to reduce trade barriers, improve cross-border productivity, and foster inclusive industrialization - cornerstones for the success of the AfCFTA.

10 July 2025

The government of Chad is taking steps to revive Salam, the country’s former public mobile operator backed by the Chadian Telecommunications Company (SOTEL). A key initial move will see the launch of 200,000 SIM cards in the coming days, signalling a renewed effort to re-establish the operator’s presence in the market.

The announcement was made by Boukar Michel, Chad’s Minister of Telecommunications, Digital Economy, and Digitalisation, during a meeting held at SOTEL’s headquarters in N'Djamena. The meeting brought together SOTEL staff and senior management to assess the company’s current challenges and discuss strategies for its recovery.