en.Wedoany.com Reported - Equatorial Guinea's state-owned power company, SEGESA, is planning to expand into the digital infrastructure sector, leveraging nearly 2,000 kilometers of fiber optic cables laid along its power network to generate new revenue streams. On Friday, June 12, the country's Vice President, Teodoro Nguema Obiang Mangue, proposed the creation of a specialized agency to manage and commercialize the national fiber optic network during a meeting with the head of the state-owned enterprise in Malabo.
SEGESA is currently advancing a modernization project for the national power grid. The company has installed fiber optics along its infrastructure to improve network monitoring, billing management, operational tracking, and overall service efficiency. Authorities believe these investments can also serve as a foundation for developing advanced technologies such as broadband and 5G. Beyond meeting internal needs, SEGESA now plans to commercially develop this infrastructure, opening it up to other market players such as telecom operators, to diversify revenue sources and strengthen the country's digital connectivity.
Demand for digital services in Equatorial Guinea is growing. According to DataReportal, as of early 2025, the country had approximately 1.16 million internet users, representing a penetration rate of 60.4% of the population, with the number of netizens increasing by 28,000 over the past year. This reflects a continued rise in the adoption of digital services by households, businesses, and government agencies. Similar initiatives have precedents in other countries, such as Kenya's state-owned power transmission company KETRACO, which has commercialized part of its fiber optic capacity by selling it to telecom operators to generate additional revenue and support broadband development.
For Equatorial Guinea's authorities, this project holds significant economic potential. The Vice President cited a study conducted by Huawei estimating that this infrastructure could create greater value for the state-owned enterprise. He suggested establishing a specialized entity equipped with appropriate technical capabilities and supported by experienced technology partners.
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