Zimbabwe looks for US$40 million for fibre network

03 November 2022

Zimbabwe is looking for a US$40 million investment to expand its nationwide fibre optic network as part of a massive infrastructure investment project.

“The projects we are considering are those in the ICT sector, particularly those involving fibre optics, and the development of fibre is in line with the national development strategy (NDS 1), which makes the digital economy an area priority,” said Clemence Chiduwa, Zimbabwean deputy minister of finance.

Unveiled in 2020, this plan aims to move Zimbabwe into the category of upper middle-income economies by 2030 through the use of ICT and digital technology. The fibre optic network will provide the high-speed connectivity needed for the digital transformation of public administration and private companies. It should also promote the active participation of populations in the digital economy.