NIAMEY, July 1 (Reuters) - Egypt's El Sewedy Electric
Sewedy, which has operations in about 15 African countries, signed an accord with nationalised telecoms firm Sonitel to help the Niger company modernise its infrastructure before a planned privatisation, Niger's government said in a statement.
"We aim to invest more than $350 million in Niger, specifically on a proposed fibre optic project and also on power transmission," Sewedy's Hazem el-Haddad said on Niger state television.
Niger's parliament voted in May to nationalise Sonitel. The company had been controlled by a Chinese-Libyan consortium but the government scrapped that deal in 2009, partly because of a lack of investment.
(Reporting by Abdoulaye Massalaatchi; Writing by Bate Felix; editing by Jason Neely)
((bate.felix@thomsonreuters.com)(+221 33 864 5077)(Reuters Messaging: Reuters Messaging: bate.felix.reuters.com@reuters.net))
Keywords: NIGER ELSEWEDY




















