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Home Wealth Management

Laser Light and WIOCC Sign $129M Partnership – Investment Management in Africa

Simon Osuji by Simon Osuji
November 21, 2023
in Wealth Management
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Laser Light and WIOCC Sign $129M Partnership – Investment Management in Africa
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Laser Light Companies and WIOCC, Africa’s digital backbone, have signed a five-year $129 million (USD) master services agreement. As part of the terms, Laser Light will contract with WIOCC for capacity on terrestrial and subsea cables in and around Africa and support services. In turn, WIOCC will use Laser Light for its global connectivity needs beyond its current network footprint and bring the Laser Light service portfolio to its African clients.

The agreement will commence upon initial operations of the Laser Light networking platform expected to begin at the end of 2023 with Africa being part of its Beta Program roll-out in partnership with Nokia announced in June.



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