Key Details of the Agreement
The Memorandum of Agreement was signed on 7th August 2026 and fully executed on 19th August 2026. It establishes a strategic partnership framework for an initial term of five years. The framework covers identification, structuring, financing, development, implementation, and operation of telecommunications and digital infrastructure initiatives across Africa.
Scope of Projects Covered
The partnership framework includes multiple project types: national fibre-optic backbone networks, 4G/5G mobile network infrastructure, international connectivity including submarine cable landing stations and internet exchange points, telecommunications towers and passive infrastructure, digital public infrastructure (digital identity, national interoperability, e-government and digital payment platforms), and satellite connectivity including VSAT and Low Earth Orbit services.
Roles and Responsibilities
Within the partnership, Blue Cloud Softech Solutions Limited will act as the Lead Technology and Digital Transformation Partner, responsible for technology solution design and deployment, platform architecture, systems integration, technology transfer, and leading technical coordination, financial structuring and financing coordination. GCIB will act as the Strategic Development and Investment Partner, leading government and institutional engagement and mobilisation of international investors and financing partners. Afro Mobile SARL will act as the Telecommunications and Digital Infrastructure Partner, facilitating sector engagement, relationships with operators and regulators, local partnerships and capacity building.
Commercial Structure and Governance
The parties intend to develop projects around sustainable commercial models generating recurring revenues. Project-specific structures including Special Purpose Vehicles, joint ventures and consortium arrangements will be established for individual initiatives. A Joint Steering Committee will provide governance across the partnership.
Important Qualifications
The disclosure explicitly states that the Memorandum of Agreement establishes a cooperation framework but does not constitute a binding commitment to any specific project, investment or revenue. Specific projects, investments and commercial arrangements will be undertaken through separate project-specific agreements, which will be announced separately when concluded. The company provides a cautionary statement that no assurance can be given that specific projects will be concluded under this framework.
Additional Information
The press release is available on the company's website at https://bluecloudsoftech.com/wp-content/uploads/2026/08/Press-Release.pdf. Media contact is Mr. Praveen Lella, Manager – Marketing and Corporate Communications.