The Trump administration announced on Friday that Africell, the only American-owned telecommunications company in Africa, will receive a $99.6 million loan from the Export-Import Bank (EXIM) to help it compete with Chinese telecom giant Huawei.
\n\nThe loan from EXIM was intended to “boost the telecommunications sector in Angola and strengthen American technology leadership abroad” by helping Africell acquire the latest American and European mobile phone technology.
\n\n“Africell’s fast growth in Angola and DRC (Democratic Republic of the Congo), and our long-term market leadership in Sierra Leone and The Gambia demonstrate the unique benefits that high-class American technology, skills and investment can bring to Africa,” said Africell CEO Ziad Dalloul.
\n\n“We are pleased to be working with EXIM to introduce more trusted communications infrastructure to our operating markets,” he said. “In doing so, we are flying the flag for American technology leadership and creating secure pathways for future American and allied digital technologies to be deployed in sub-Saharan Africa, including in the Lobito Corridor region.”
\n\n“The quality and results achieved through partnerships with the United States and American companies speak for themselves. This is a win for both our countries: American technology and a more prosperous, more connected Angola,” said Shannon…
Original source: https://www.breitbart.com/tech/
