Connect with us
Anglostratits

Business

Angola Cables Network Traffic Climbs to Record Peak

Published

on

Cables network

    Data traffic across Angola Cables network hits record peak of 18448 Tbps and company AS Number is now ranked 24th in Center for Applied Internet Data Analysis (CAIDA) official global rankings being the only African network operator in the top 50

    LAGOS, Nigeria, August 14, 2024/APO Group/ — 

    The increase in digital content consumption, the rapid expansion of cloud computing services and the ever-rising demand for high speed, low latency connectivity are just some of the factors that have led to the record levels of traffic being registered across the Angola Cables network (www.AngolaCables.co.ao).

    “This milestone underscores Angola Cables’ growing responsibility and responsiveness to customer needs in West African markets, with an emphasis on improved Service Level Agreements (SLA). Our status as a reliable operator, fostering strong relationships with both local and international customers, is a testament to our resilience, commitment to good connectivity, security, and product diversity. In the long term, this reinforces the TelCables Nigeria brand, strengthening its position as a trusted name in the market,” said Fernando Fernandes, Chief Executive Officer for TelCables Nigeria (the local operation for Nigeria and West Africa countries of Angola Cables).

    This milestone underscores Angola Cables’ growing responsibility and responsiveness to customer needs in West African markets, with an emphasis on improved Service Level Agreements

    Rui Faria, Executive Board member and Chief Commercial Officer for Angola Cables, a global provider of network services and digital solutions said that many of the hyperscalers, content providers and other carriers have been using the South Atlantic configuration of the SACS, Monet and WACS cables as a convenient redundancy option to connect to destinations in the USA and the UK and Europe using EllaLink. “The recent cable faults experienced in parts of Africa and the Red Sea has resulted in large volumes of traffic being diverted to other cables. But apart from this, we have seen a steady and significant growth in overall traffic over our backbone network.”

    “At present the Angola Cables fibre network point is accounting for more than 70% of the internet and data traffic flows to and from Africa,” notes Faria, “hyperscalers, streaming and gaming networks are using SACS as well as the Angola Cables’ backbone and its partner networks to connect to Europe and Asia at lower latencies.”

    Angola Cables has also registered a substantial uptick in traffic volumes over the Monet Cable connecting the USA to South America, now accounting for over 20% of the data traffic between North and South America. “With the option to connect to the main centres in Europe via the EllaLink subsea cable and reduced latencies of around 30%, many companies are seeing this as an attractive option for their peering and IP Transit requirements.  

    According to the Center for Applied Internet Data Analysis (CAIDA), Angola Cables AS 37468 is now ranked 24th in their official global rankings and the only African network operator in the top 50. The CAIDA rankings are determined by the ‘cone size’ or number of connections linked to its registered Autonomous System Number (ASN) and highlights the number of direct and indirect customers or links which is inferred from observed BGP paths. Today, Angola Cables’ has capacity across more than 80 000 km subsea cable network with multiple links to a growing number of data centres and global IXPs.

    Faria maintains that the increase in traffic is strengthening Angola Cables’ position in the global and African market as a consistently reliable network service provider, allowing us to expand our services and invest in new technologies and strategic partnerships to better serve our customers.

    Distributed by APO Group on behalf of Angola Cables.

    Events

    As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

    Published

    on

    Debate

    The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

    LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

    Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

    Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

    The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

    “Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

    “This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

    The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

    Key challenges driving the debate

    Core focus areas for this year’s edition of The Africa Debate include:

    This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

    Global Realignment & New Partnerships

    How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

    Financing Africa’s Future

    The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

    Strategic Value Chains

    Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

    Digital Transformation & Technology

    Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

    The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

    Registration is now open (http://apo-opa.co/46b19gj).

    Distributed by APO Group on behalf of Invest Africa.

    Continue Reading

    Business

    Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

    Published

    on

    CLG

    After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

    Mr. Adeoye has been held accountable for several serious offenses, including:

    • Making malicious and defamatory statements against colleagues
    • Extortion
    • Intimidation
    • Fraud
    • Misuse of company funds
    • Theft and misappropriation of funds
    • Breach of fiduciary duty
    • Mismanagement

    His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

    We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

    We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

    Distributed by APO Group on behalf of CLG.

     

    Continue Reading

    Business

    The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

    Published

    on

    ITFC

    This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

    JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

    The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

    The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

    We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

    Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

    “This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

    H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

    This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

    Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

    Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

    Continue Reading

    Trending