Manoj Kohli, International CEO and joint MD of Airtel visited the president of Rwanda to talk about the telco’s progress, since setting up operations two months ago, in the country.
Airtel has said that it plans to invest $100 million in its operations over the next three years. It has also said that it will work towards creating jobs both directly and indirectly within the ecosystem.
Kohli said: “Rwanda is a promising telecommunications market and we are grateful to the Government and people of Rwanda for the support extended to us since our entry into the country. Our strategy for Rwanda is in harmony with the government’s vision to make telecommunications a priority.”
He continued: “We plan to work closely with the government to provide access to affordable telecoms products and services across the country.”
Airtel is also keen to develop a wireless broadband infrastructure that can provide high-speed internet across a wide area. In addition Airtel also wants to launch its mobile commercial platform, Airtel Money, which will allow subscribers to take advantage of mobile commerce and conduct a range of financial services including direct fund transfers from one user to another, bill payments, top ups and mobile banking.
Rwanda represents one of the fastest growing telecom markets in Africa and mobile penetration was calculated at 38.4% in 2011 as per the National Statistics Institute.