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Vodafone, Afrimax unite to push Uganda business

Vodafone, Afrimax partner to push Uganda business.

Vodafone and telecommunications provider for Sub-Saharan Africa Afrimax have announced a strategic partnership for the exploration of potential partner markets across the region, as well as the signing of a partner market agreement in Uganda.

The companies said the non-equity framework agreement will see them explore the potential partner market opportunities across Sub-Saharan Africa; with Vodafone hoping to add to its partner markets network currently operating in over 50 territories worldwide, while Afrimax furthers its plans to become the largest broadband internet provider in Sub-Saharan Africa.

Meanwhile the deal concluded regarding Uganda sees the companies together offer voice and data products and services to the market, leveraging the "Vodafone Uganda" brand.

"Uganda is an attractive market and we are delighted to welcome Afrimax to our successful Partner Markets community," said Stefano Gastaut, chief executive for Vodafone's partner markets.

"We look forward to exploring the potential for further Partner Market agreements in Sub-Saharan Africa with Afrimax, under our framework cooperation agreement."

Vodafone said it's multinational corporate clients will in particular benefit from its managed services network expanding to include Uganda; while Vodafone customers across its markets will also benefit from preferential roaming rates in Uganda.

"We are excited about the partnership with Vodafone and the opportunity to work with a brand that is not only passionate about technology, but passionate about people and the impact that technology can have on peoples' lives," Peter Langkilde, chief executive officer, and Rob Philpott, chief financial officer of Afrimax said in a statement.

"The partnership with Vodafone solidifies our ongoing plans to be a leading provider of high speed network services in sub-Saharan Africa."

Afrimax has said it hopes to become the number one broadband internet services provider in Sub-Saharan Africa within the next five years.

The ISP is currently rolling out 4G wireless network services across its African markets - where it already holds 4G licences for 12 countries and is in the process of acquiring further licences - as part of efforts to create the largest 4G wireless data network on the continent, with the most spectrum allocation.

In November last year, Afrimax received an additional US$56 million in equity funding from the World Bank Groups' IFC, IFC African Latin American and Caribbean Fund (IFC ALAC Fund), Four G Capital, KGC Capital and a number of private investors to support the roll-out of the 4G network plan in Africa; with the funding thought to be the biggest ever investment for a greenfield network on the continent.

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