(Tiper Stock Exchange) – Sparklethe big Italian company for international connections, announces the signing of a agreement with the UAE company Kush Investments to provide a long-term solution in the BlueRaman cable system to serve the East African region. The agreement was signed in Sparkle’s Rome headquarters by Mohammed YusefCIO of Kush Investments, ed Enrico Maria BagnascoCEO of Sparkle.
It is expected the providing Kush Investments with a virtual fiber solution on BlueRaman for connect Djibouti with Europe – via Palermo, Genoa, Marseilles and Milan – and with India through Mumbai, thus expanding the UAE company’s asset portfolio in the ICT infrastructure sector and enabling the development of new business opportunities and projects in the telecommunications sector in East African countries.
The deal between Sparkle and Kush Investments is also about other potential areas of cooperationto support the further development of East Africa, the fastest growing region of the continent in recent years.
“We are thrilled to undertake this investment with our joint venture partners Al Qalaa Investments as part of our commitment to create opportunities for innovation and infrastructure development in AfricaQ,” he said. Muhammad YusefCIO of Kush Investments, adding “working with Sparkle is a natural collaboration choice for us, together we will bring new solutions through BlueRaman to the digital agenda across the continent”.
“We are extremely satisfied with this agreement which, in addition to accelerating the development of international telecommunications infrastructures and helping to support Africa’s impressive digital growth, represents the beginning of a partnership with Kush Investments that will develop in various areas”, he said stated Enrique Bagnasco by Sparkle.