Trump administration to lend $100 million to Africell, countering Huawei in Africa
The Export-Import Bank loan would help Africell buy mobile network gear from U.S. and allied suppliers as Washington seeks to curb Huawei's reach.
- On Friday, the Trump administration planned a nearly $100 million loan to Africell Holding Limited, Africa's only American-owned telecoms firm, to counter Huawei's infrastructure expansion across the continent.
- This proposal advances President Donald Trump's "clean network" initiative to purge Chinese telecoms technology from allied infrastructure, aligning with a 2025 executive order mandating agencies support American technology exports.
- Huawei currently holds about a 52% market share for 5G infrastructure in Africa, while Africell serves 15 million subscribers across four operating markets: Angola, Sierra Leone, Congo, and The Gambia.
- Financing from the Export-Import Bank would "enable Africell to invest in the latest mobile network technology from American and allied suppliers," bringing total U.S.-backed support to nearly $200 million.
- CEO Ziad Dalloul expressed eagerness to work with EXIM to introduce secure infrastructure, noting the loan provides Washington a direct route into strategically important African consumer markets.
11 Articles
11 Articles
The U.S. President Donald Trump's administration intends to grant Africa's only American-owned telecommunications company, a loan worth about $100 million, as part of Washington's effort to cope with the expansion of China's Huey on the continent.
Trump prepares nearly $100 million loan for US-owned Africell to challenge Huawei in Africa
The Trump administration is preparing a loan of nearly $100 million for Africell, placing American government money behind the only mainstream US-owned mobile operator in Africa as Washington seeks to challenge Huawei’s dominance of the continent’s telecommunications infrastructure.
U.S. Pushes Against Huawei with $100M Loan to Africell
The Trump administration is lending $100 million to Africell to boost American telecom presence in Africa and counter Huawei's market share. The loan from the Export-Import Bank will help Africell invest in advanced network technology from American suppliers, aligning with Washington's efforts to reduce reliance on Chinese telecoms.
Trump administration to lend $100 million to Africell, countering Huawei in Africa
By Alexandra Alper WASHINGTON, Sept 11 (Reuters) - The Trump administration will lend nearly $100 million to Africell, Africa's only American-owned telecoms firm, as it seeks to counter the expansion of China's Huawei in Africa, according to a person ...
Trump admin to lend $100M to Africell to counter Huawei
The Trump administration will lend nearly $100 million to Africell, Africa’s only American-owned telecoms firm, as it seeks to counter the expansion of China’s Huawei in Africa, according to a person familiar with the matter and a draft press release reviewed by Reuters. The loan from the Export-Import Bank to Africell will “enable Africell to […]
The US administration's announced $100 million loan initiative for Africell Holding Limited clearly signals a shift in global strategy. Unlike previous actions that relied primarily on trade sanctions and export restrictions, Washington is shifting to actively financing the replacement of network infrastructure in developing markets. The involvement of a state agency […]
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