The company plans to fund its ambitious project by issuing Ethereum tokens through an ICO.
By delivering affordable and reliable Internet connectivity for the first time to much of the region, Cajutel believes it can provide the infrastructure for a wide range of Internet services that will strengthen the economy and the nation's education system.
Western Africa's telecommunications market is currently characterized by imperfect reinvestment of profits, ineffectively dimensioned phone links and a widely varying network infrastructure. Some parts of the region have no telephone and Internet access.
A lack of strategic planning and management has largely undermined the state of telecommunications in the region.