Billionaire businesswoman Angolan Isabel dos Santo will attend the AfricaCom conference to speak on her position regarding investment in the energy sector and the possibility of a 5G network in Africa. The AfricaCom conference will be held in Cape Town, South Africa, from November 12 to the 14. The conference will attract leaders in the technology and telecommunications sectors. Telecommunications providers want a 5G network, but dos Santos doesn’t believe that a 5G network will be possible unless private investors invest in energy.
Isabel Dos Santos was on the board of directors for Unitel, a telecommunications company that she will represent at the conference. Dos Santos will speak in-depth on the need for private investors for the energy sector. She is adamant that this is the only way that a 5G network will eventually be possible. Isabel Dos Santos used Unitel’s investment in the telecommunications field as an example. Unitel has invested in the telecommunications sector for over twenty years. Unitel’s investment has resulted in the installation of 2.2 million dollars worth of fiber optics cable installed in 14,000 kilometers of land, creating a large fiber optic network. Isabel Dos Santos estimates that it will take the same kind of investment in energy to get the result of a 5G network.
The cooperation and partnership between governments and companies are needed to create stable business models that will bring in private investors willing to invest in Angola’s infrastructure and energy sector. Dos Santos is emphatic that this must be done for Brazil’s growing population which is currently at 1.2 billion people and will be at 2.4 billion people by 2050 surpassing China’s large population. Isabel Dos Santos has years of experience working in the fields of telecommunications and technology and foresees that in the future, the African companies that will be successful will be in the business of e-commerce or digital economy.
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