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Orange Completes Sale of its Entire 95.5% Stake in Orange Niger

Orange Completes Sale of its Entire 95.5% Stake in Orange Niger Image Credit: Orange

Orange MEA announced that it has completed the sale of its entire 95.5% stake in Orange Niger to Zamani Com S.A.S.

Zamani Com S.A.S. is wholly owned by Mohamed Rissa of Rimbo Invest and Moctar Thiam of Greenline Communications, both minority shareholders of Orange Niger. The company’s services will continue to be marketed under the Orange brand during a transition period.

The Africa and Middle East region remains a strategic priority for the Orange Group. However, the market environment in Niger has led Orange to make this decision responsibly, prioritising business continuity for the benefit of the company’s customers and protecting the interests of the women and men working at Orange Niger.

Orange would like to thank the employees at Orange Niger for the work accomplished since the subsidiary's creation and the teams who worked on the company takeover project.

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Ray is a news editor at The Fast Mode, bringing with him more than 10 years of experience in the wireless industry.

For tips and feedback, email Ray at ray.sharma(at)thefastmode.com, or reach him on LinkedIn @raysharma10, Facebook @1RaySharma

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