Fibrecom announced a commitment of $50 million to support digital transformation in Zambia for the next two years.
“We are injecting an additional US$50 million to support the Government’s objective of developing a robust digital space in the economic transformation of the country. We are supporting the Government-led Smart Zambia program in providing connectivity countrywide. We are going in areas where the private sector may not see any economic sense,” said MD Simon Muwowo during a press conference.
Fibrecom is a subsidiary of Zesco created to provide critical services of power grid protection, supervisory control and data acquisition to advance the deployment of information and communications technology through the provision of the backbone network to other service providers.