• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

$10,000 Invested 10 Years Ago Would Be Worth Roughly $122,400 Today

September 13, 2026

GiveSendGo Created After Lone Black Holdout Juror in Clancy Murder Case Doxxed Amid Harassment Campaign Spearheaded by NBC Boston

September 13, 2026

Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei

September 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Sunday, September 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    GiveSendGo Created After Lone Black Holdout Juror in Clancy Murder Case Doxxed Amid Harassment Campaign Spearheaded by NBC Boston

    September 13, 2026

    Sen. Reuben Gallego Calls For Wiping Out Donald Trump

    September 13, 2026

    So There Was a Protest Saturday Against Donald Trump in Dublin – They Were Waving Palestinian Flags… In Ireland! WTH Was That?

    September 13, 2026

    Bill Maher Tears Into Democrats and the Media for Trying to Rewrite the History of 9/11 Without Islamic Terrorism (VIDEO)

    September 13, 2026

    Bruce Springsteen Wants Democrats to Make the Last Two Years of Trump’s Presidency ‘Miserable’ * The Gateway Pundit * by Mike LaChance

    September 13, 2026
  • Health

    Medicaid offers simplified way to handle ‘medical frailty’ exemptions

    September 11, 2026

    Cyclospora outbreak: U.S. officials declare end; origin still unknown

    September 11, 2026

    $500 Obamacare, platinum chemo, ADA boycott: Morning Rounds

    September 11, 2026

    New ‘Queen of Hearts’ AI aims to detect hidden-blockage heart attacks

    September 11, 2026

    Lifesaving childhood chemotherapy raises risk of cancer later in life

    September 10, 2026
  • World

    Morocco Declares ‘No Evidence’ It Was Behind Ceuta Illegal Migrant Invasion

    September 13, 2026

    Dem Lawmaker Spots Sign Trump Is Panicking

    September 13, 2026

    Trump Warns Iran ‘Not to Get Cute’ as U.S. Detects New Activity at Pickaxe Mountain Nuclear Site

    September 13, 2026

    Former ‘SNL’ Star Recalls Revealing Table Read With Trump: ‘I Didn’t Know Trump Was So Evil’

    September 13, 2026

    Tourist Bus Crash in Switzerland Leaves 5 Dead, 40 Injured

    September 13, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    $10,000 Invested 10 Years Ago Would Be Worth Roughly $122,400 Today

    September 13, 2026

    Pay is back on the rise for job switchers, even in low-hire job market

    September 13, 2026

    NFL and midterms mark key fall season for prediction markets

    September 13, 2026

    Jim Cramer Discusses Adobe Inc. (NASDAQ:ADBE) & “False” Cuts

    September 13, 2026

    The biggest threat to your retirement is based on a myth — it could rip through your nest egg and even ruin your health

    September 13, 2026
  • Tech

    Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei

    September 13, 2026

    Anthropic Says It Disrupted Foreign Adversaries Using Its AI for Bioweapon Research, Guided Missile Targeting

    September 13, 2026

    Sam Altman’s OpenAI Claims to Consider Slowing AI Development as Safety Concerns Mount

    September 12, 2026

    Elon Musk Expresses Skepticism over Viral AI Doom Prediction

    September 11, 2026

    EXCLUSIVE — Silicon Valley Democrat Turned Trump Supporter Warns Chinese AI Could Shape Americans Through ‘Millions of Small Distortions that Nobody Notices’

    September 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Tech»Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei
Tech

Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei

September 13, 2026No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Trump administration announced on Friday that Africell, the only American-owned telecommunications company in Africa, will receive a $99.6 million loan from the Export-Import Bank (EXIM) to help it compete with Chinese telecom giant Huawei.

The loan from EXIM was intended to “boost the telecommunications sector in Angola and strengthen American technology leadership abroad” by helping Africell acquire the latest American and European mobile phone technology.

“Africell’s fast growth in Angola and DRC (Democratic Republic of the Congo), and our long-term market leadership in Sierra Leone and The Gambia demonstrate the unique benefits that high-class American technology, skills and investment can bring to Africa,” said Africell CEO Ziad Dalloul.

“We are pleased to be working with EXIM to introduce more trusted communications infrastructure to our operating markets,” he said. “In doing so, we are flying the flag for American technology leadership and creating secure pathways for future American and allied digital technologies to be deployed in sub-Saharan Africa, including in the Lobito Corridor region.”

“The quality and results achieved through partnerships with the United States and American companies speak for themselves. This is a win for both our countries: American technology and a more prosperous, more connected Angola,” said Shannon Nagy Cazeau, charge d’affaires of the U.S. Embassy to Angola and Sao Tome and Principe.

While these statements did not directly mention China, Reuters noted on Friday that the Trump administration has been working on a “clean network” initiative to get security-threatening Chinese telecom and network equipment out of the U.S. and allied nations, particularly equipment from Huawei. 

See also  Bayern Munich willing to part ways with Real Madrid target for €30 million: Reports

The U.S. government has slapped Huawei with heavy sanctions for allegedly spying on users, a charge the company denies, even though Chinese law explicitly requires all companies to hand over information about their customers upon demand from Chinese Communist intelligence services. Huawei has also been implicated in Communist China’s human rights abuses, such as the surveillance and oppression of the Uyghur Muslims of Xinjiang province.

Huawei currently has about 52% of the 5G mobile data market in Africa, a grip the Trump administration seeks to loosen. Africell, a company that started up in 2001 with a data center in Angola, received a $100 million loan in 2018 from the Overseas Private Investment Corporation, which has since been renamed to the International Development Finance Corporation (DFC). Africell used the funds to expand into the DRC, Gambia, and Sierra Leone. Africell repaid the loan three years ahead of schedule.

Africa Chinas company Compete Huawei loan million Telecom U.S
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Anthropic Says It Disrupted Foreign Adversaries Using Its AI for Bioweapon Research, Guided Missile Targeting

September 13, 2026

Trump Warns Iran ‘Not to Get Cute’ as U.S. Detects New Activity at Pickaxe Mountain Nuclear Site

September 13, 2026

Western Europe’s Immigration Problem ‘Is Guilty Honkies’ Like in U.S.

September 13, 2026

Jimmy Kimmel’s James Talarico Interview Hits 5 Million YouTube Views

September 12, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Trump’s Potential Deal Sends Iranian Hardliners into Tailspin

May 30, 2026

UPS strike: Union says UPS resuming talks as US strike looms

July 19, 2023

Improving Diabetes Treatment Through RNA Technology

August 13, 2026

‘We Don’t Know What [Hamas] Did’

November 8, 2023
Don't Miss

$10,000 Invested 10 Years Ago Would Be Worth Roughly $122,400 Today

Finance September 13, 2026

Warren Buffett reportedly first came to recognize the appeal of iconic consumer tech giant Apple…

GiveSendGo Created After Lone Black Holdout Juror in Clancy Murder Case Doxxed Amid Harassment Campaign Spearheaded by NBC Boston

September 13, 2026

Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei

September 13, 2026

Morocco Declares ‘No Evidence’ It Was Behind Ceuta Illegal Migrant Invasion

September 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (6,829)
  • Finance (4,970)
  • Health (2,862)
  • Lifestyle (1,931)
  • Politics (4,587)
  • Sports (5,260)
  • Tech (2,663)
  • Uncategorized (4)
  • World (7,043)
Our Picks

Market Rally Resilient After Fed Surprise; Tesla Ends Record Run, Big Warning Fuels This Group

June 15, 2023

Australian Animation ‘Finally, a Show About Men!’ Sets YouTube Bow

May 23, 2026

Migrant From Ghana Arrested Multiple Times in Two Weeks For Raping, Sexually Assaulting Women in Oklahoma * The Gateway Pundit * by Cristina Laila

August 17, 2026
Popular Posts

$10,000 Invested 10 Years Ago Would Be Worth Roughly $122,400 Today

September 13, 2026

GiveSendGo Created After Lone Black Holdout Juror in Clancy Murder Case Doxxed Amid Harassment Campaign Spearheaded by NBC Boston

September 13, 2026

Telecom Company in Africa Gets $100 Million U.S. Loan to Compete with China’s Huawei

September 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.